Critical Mineral Resources (LSE:CMRS) Debt-to-Equity : -0.98 (As of Dec. 2023)

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What is Critical Mineral Resources Debt-to-Equity?

Critical Mineral Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.02 Mil. Critical Mineral Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.05 Mil. Critical Mineral Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £-0.08 Mil. Critical Mineral Resources's debt to equity for the quarter that ended in Dec. 2023 was -0.97.

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

LSE:CMRS' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.98 Med: -0.69 Max: -0.33
Current: -0.98

During the past 5 years, the highest Debt-to-Equity Ratio of Critical Mineral Resources was -0.33. The lowest was -0.98. And the median was -0.69.

LSE:CMRS's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs LSE:CMRS: -0.98

Critical Mineral Resources Debt-to-Equity Historical Data

The historical data trend for Critical Mineral 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.

Critical Mineral Resources Debt-to-Equity Chart

Critical Mineral Resources Annual Data

Trend

Nov18

Nov19

Dec21

Dec22

Dec23

Debt-to-Equity

-0.33

-0.69

-0.98

Critical Mineral Resources Semi-Annual Data
	May19	Nov19	May20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				-	-	-0.69	-0.09	-0.98

Competitive Comparison of Critical Mineral Resources's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Critical Mineral 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.

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

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

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

Critical Mineral Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Critical Mineral 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
	=	(0.024	+	0.053)	/	-0.079
	=	-0.97

Critical Mineral Resources'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
	=	(0.024	+	0.053)	/	-0.079
	=	-0.97

Critical Mineral Resources (LSE:CMRS) 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.

Critical Mineral Resources Debt-to-Equity Related Terms

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

Critical Mineral Resources (LSE:CMRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Critical Mineral Resources PLC (LSE:CMRS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Eccleston Place, Eccleston Yards, London, GBR, SW1W 9NF

Website

https://www.caerusmineralresources.com

Critical Mineral Resources PLC Formerly Caerus Mineral Resources PLC is an exploration and resource development company operating in the Republic of Cyprus. Its current focus is on copper-gold opportunities. Some of its projects are the Kalavasos Project, the Troulli Project, and the Mathiatis Projects.

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