Exxaro Resources (FRA:LCQ) Debt-to-Equity : 0.17 (As of Jun. 2024)

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What is Exxaro Resources Debt-to-Equity?

Exxaro Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €44 Mil. Exxaro Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €396 Mil. Exxaro Resources's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €2,614 Mil. Exxaro Resources's debt to equity for the quarter that ended in Jun. 2024 was 0.17.

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 Exxaro Resources's Debt-to-Equity or its related term are showing as below:

FRA:LCQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.18 Max: 0.42
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Exxaro Resources was 0.42. The lowest was 0.09. And the median was 0.18.

FRA:LCQ's Debt-to-Equity is ranked better than
58.14% of 129 companies
in the Other Energy Sources industry
Industry Median: 0.22 vs FRA:LCQ: 0.17

Exxaro Resources Debt-to-Equity Historical Data

The historical data trend for Exxaro Resources'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.

Exxaro Resources Debt-to-Equity Chart

Exxaro Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.37

0.27

0.20

0.18

Exxaro Resources Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.20	0.19	0.18	0.17

Competitive Comparison of Exxaro Resources's Debt-to-Equity

For the Thermal Coal subindustry, Exxaro Resources'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.

Exxaro Resources's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Exxaro Resources's Debt-to-Equity distribution charts can be found below:

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

Exxaro Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Exxaro Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(73.526	+	387.809)	/	2571.299
	=	0.18

Exxaro Resources's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(44.058	+	395.966)	/	2613.778
	=	0.17

Exxaro Resources (FRA:LCQ) 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.

Exxaro Resources Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Exxaro Resources's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Exxaro Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Exxaro Resources Ltd (FRA:LCQ) » Definitions » Debt-to-Equity

Traded in Other Exchanges

EXX:South Africa EXXAF:USA LCQ:Germany

Address

263B West Avenue, Die Hoewes, The conneXXion, Centurion, GT, ZAF, 0163

Website

https://www.exxaro.com

Exxaro Resources Ltd is one of the South Africa-based diversified resources companies. The company's operating segments are: Coal, Ferrous, Energy, and Others. The majority of its revenue comes from the coal segment, whose operations are located in the Waterberg and Mpumalanga regions and are split between coal commercial operations and coal-tied operations and produce thermal and metallurgical coal. Commercial Waterberg is comprised mainly of the Grootegeluk operation, Commercial Mpumalanga comprising the Belfast and Leeuwpan operations, and Tied comprising of the Matla mine supplying its entire coal supply to Eskom. Its geographical segments are RSA, Europe, Asia, and others, out of which the majority are from the RSA ( Republic of South Africa).

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