Northam Platinum Holdings (JSE:NPH) Debt-to-Equity : 0.47 (As of Dec. 2023)

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What is Northam Platinum Holdings Debt-to-Equity?

Northam Platinum Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R4,120 Mil. Northam Platinum Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R10,195 Mil. Northam Platinum Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R30,445 Mil. Northam Platinum Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.47.

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 Northam Platinum Holdings's Debt-to-Equity or its related term are showing as below:

JSE:NPH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.53 Max: 0.68
Current: 0.47

During the past 4 years, the highest Debt-to-Equity Ratio of Northam Platinum Holdings was 0.68. The lowest was 0.41. And the median was 0.53.

JSE:NPH's Debt-to-Equity is ranked worse than
73.32% of 1312 companies
in the Metals & Mining industry
Industry Median: 0.13 vs JSE:NPH: 0.47

Northam Platinum Holdings Debt-to-Equity Historical Data

The historical data trend for Northam Platinum Holdings'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.

Northam Platinum Holdings Debt-to-Equity Chart

Northam Platinum Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.60

0.41

0.53

0.46

Northam Platinum Holdings Semi-Annual Data
	Jun18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.66	0.53	0.68	0.46	0.47

Competitive Comparison of Northam Platinum Holdings's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Northam Platinum Holdings'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.

Northam Platinum Holdings's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Northam Platinum Holdings's Debt-to-Equity falls into.

Northam Platinum Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Northam Platinum Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(4284.402	+	10666.806)	/	32300.367
	=	0.46

Northam Platinum Holdings's Debt to Equity Ratio for the quarter 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
	=	(4119.658	+	10195.148)	/	30445.319
	=	0.47

Northam Platinum Holdings (JSE:NPH) 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.

Northam Platinum Holdings Debt-to-Equity Related Terms

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Northam Platinum Holdings (JSE:NPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northam Platinum Holdings Ltd (JSE:NPH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NPTLF:USA 7JR:Germany

Address

Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Jukskei View, Waterfall City, GT, ZAF, 2090

Website

https://www.northam.co.za

Northam Platinum Holdings Ltd is an integrated producer of platinum group metals. Its primary products are the three PGMs, platinum, palladium, and rhodium. The primary consumers of these metals are the motor manufacturing industry, the jewelry industry, and other industrial sectors. Its segments include Northam Holdings, Zondereinde mine, Booysendal mine, Eland mine, and the US recycling operations.

Northam Platinum Holdings (JSE:NPH) Headlines

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