Asiamet Resources (LSE:ARS) Debt-to-Equity : 0.00 (As of Jun. 2024)

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What is Asiamet Resources Debt-to-Equity?

Asiamet Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.00 Mil. Asiamet Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.00 Mil. Asiamet Resources's Total Stockholders Equity for the quarter that ended in Jun. 2024 was £0.66 Mil. Asiamet Resources's debt to equity for the quarter that ended in Jun. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Asiamet Resources was 2.01. The lowest was -1.13. And the median was 0.02.

LSE:ARS's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Asiamet Resources Debt-to-Equity Historical Data

The historical data trend for Asiamet 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.

Asiamet Resources Debt-to-Equity Chart

Asiamet Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-1.13

-0.71

0.02

Asiamet 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															0.03	0.02	-	-	-

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

For the Other Industrial Metals & Mining subindustry, Asiamet 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.

Asiamet Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

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Asiamet Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asiamet 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
	=	(0	+	0)	/	2.519
	=	0.00

Asiamet 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
	=	(0	+	0)	/	0.663
	=	0.00

Asiamet Resources (LSE:ARS) 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.

Asiamet Resources Debt-to-Equity Related Terms

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Asiamet Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Asiamet Resources Ltd (LSE:ARS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Jl. TB. Simatupang Kav.38, 7th Floor, Tower Block 1D, Gedung Graha Simatupang, Jakarta, IDN, 12540

Website

https://www.asiametresources.com

Asiamet Resources Ltd is a dynamic junior company focused on the exploration and development of its portfolio of large copper-gold deposits on the Indonesian islands of Kalimantan and Sumatra, adjacent to the key growth markets in Asia. The company's only segment is mineral exploration and development. Its project includes Beutong copper-gold, the KSK copper project, BKZ polymetallic project, and KSK prospects.

Asiamet Resources Headlines

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