Bushveld Minerals (Bushveld Minerals) Debt-to-Equity : 2.13 (As of Jun. 2023)

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What is Bushveld Minerals Debt-to-Equity?

Bushveld Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $50.5 Mil. Bushveld Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $43.9 Mil. Bushveld Minerals's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $44.3 Mil. Bushveld Minerals's debt to equity for the quarter that ended in Jun. 2023 was 2.13.

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 Bushveld Minerals's Debt-to-Equity or its related term are showing as below:

BSHVF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.26 Max: 2.13
Current: 2.13

During the past 12 years, the highest Debt-to-Equity Ratio of Bushveld Minerals was 2.13. The lowest was 0.00. And the median was 0.26.

BSHVF's Debt-to-Equity is ranked worse than
95.95% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs BSHVF: 2.13

Bushveld Minerals Debt-to-Equity Historical Data

The historical data trend for Bushveld Minerals'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.

Bushveld Minerals Debt-to-Equity Chart

Bushveld Minerals Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.26

0.62

0.71

1.31

Bushveld Minerals Semi-Annual Data
	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.55	0.71	0.72	1.31	2.13

Competitive Comparison of Bushveld Minerals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Bushveld Minerals'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.

Bushveld Minerals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Bushveld Minerals's Debt-to-Equity falls into.

Bushveld Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bushveld Minerals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(48.419	+	41.993)	/	69.048
	=	1.31

Bushveld Minerals's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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
	=	(50.493	+	43.923)	/	44.332
	=	2.13

Bushveld Minerals (OTCPK:BSHVF) 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.

Bushveld Minerals Debt-to-Equity Related Terms

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Bushveld Minerals (Bushveld Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bushveld Minerals Ltd (OTCPK:BSHVF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BMN:UK 23U:Germany

Address

9 Harries Road, Illovo, 2nd Floor, Building 3, Illovo Edge Office Park, Johannesburg, GT, ZAF, 2116

Website

https://www.bushveldminerals.com

Bushveld Minerals Ltd is a low-cost, vertically integrated primary vanadium producer. Bushveld offers a compelling exposure to vanadium because it operates across both the upstream and downstream value chains through Bushveld Vanadium and Bushveld Energy. The company participates in the entire vanadium value chain through its three main pillars: vanadium mining and production, which consists of the Vametco and Vanchem operations; energy and mineral exploration activities for vanadium and coal exploration (together "Exploration"). Activities take place in South Africa (iron ore, vanadium and energy), Madagascar (coal), other African countries (energy project development) and global (battery investment, vanadium sales).