BDMMF (Burgundy Diamond Mines) Debt-to-Equity : 1.29 (As of Dec. 2024)

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What is Burgundy Diamond Mines Debt-to-Equity?

Burgundy Diamond Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.0 Mil. Burgundy Diamond Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $81.4 Mil. Burgundy Diamond Mines's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $63.0 Mil. Burgundy Diamond Mines's debt to equity for the quarter that ended in Dec. 2024 was 1.29.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Burgundy Diamond Mines's Debt-to-Equity or its related term are showing as below:

BDMMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 1.29 Max: 5.56
Current: 1.29

During the past 12 years, the highest Debt-to-Equity Ratio of Burgundy Diamond Mines was 5.56. The lowest was 0.19. And the median was 1.29.

BDMMF's Debt-to-Equity is ranked worse than
90.12% of 1235 companies
in the Metals & Mining industry
Industry Median: 0.14 vs BDMMF: 1.29

Burgundy Diamond Mines Debt-to-Equity Historical Data

The historical data trend for Burgundy Diamond Mines's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Burgundy Diamond Mines Debt-to-Equity Chart

Burgundy Diamond Mines Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dec24

Debt-to-Equity

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5.56

0.19

1.29

Burgundy Diamond Mines Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															-7.31	0.19	0.77	0.72	1.29

Competitive Comparison of Burgundy Diamond Mines's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Burgundy Diamond Mines's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Burgundy Diamond Mines's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Burgundy Diamond Mines's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Burgundy Diamond Mines's Debt-to-Equity falls into.

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Burgundy Diamond Mines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Burgundy Diamond Mines's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	81.437)	/	62.965
	=	1.29

Burgundy Diamond Mines's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	81.437)	/	62.965
	=	1.29

Burgundy Diamond Mines (OTCPK:BDMMF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Burgundy Diamond Mines Debt-to-Equity Related Terms

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Burgundy Diamond Mines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Burgundy Diamond Mines Ltd (OTCPK:BDMMF) » Definitions » Debt-to-Equity

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BDM:Australia

Address

108 Street Georges Terrace, Level 25 , South 32 Tower, Perth, WA, AUS, 6000

Website

https://www.burgundy-diamonds.com

Burgundy Diamond Mines Ltd is an Australian diamond exploration company. The company holds interests in the Naujaat property, Ekati mine, and other operations. The Group's reportable segments comprise Rough Diamond and Polished Diamond. The company generates maximum revenue from Rough Diamonds.