Karelian Diamond Resources (LSE:KDR) Debt-to-Equity : 0.01 (As of Nov. 2023)

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What is Karelian Diamond Resources Debt-to-Equity?

Karelian Diamond Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £0.00 Mil. Karelian Diamond Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £0.11 Mil. Karelian Diamond Resources's Total Stockholders Equity for the quarter that ended in Nov. 2023 was £8.56 Mil. Karelian Diamond Resources's debt to equity for the quarter that ended in Nov. 2023 was 0.01.

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

LSE:KDR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.04
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Karelian Diamond Resources was 0.04. The lowest was 0.01. And the median was 0.02.

LSE:KDR's Debt-to-Equity is ranked better than
99.92% of 1310 companies
in the Metals & Mining industry
Industry Median: 0.13 vs LSE:KDR: 0.01

Karelian Diamond Resources Debt-to-Equity Historical Data

The historical data trend for Karelian Diamond 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.

Karelian Diamond Resources Debt-to-Equity Chart

Karelian Diamond Resources Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Debt-to-Equity

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0.02

0.03

0.02

0.01

Karelian Diamond Resources Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.02	0.02	0.01	0.01

Competitive Comparison of Karelian Diamond Resources's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Karelian Diamond 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.

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

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

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

Karelian Diamond Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Karelian Diamond Resources's Debt to Equity Ratio for the fiscal year that ended in May. 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	+	0.104)	/	8.52
	=	0.01

Karelian Diamond Resources's Debt to Equity Ratio for the quarter that ended in Nov. 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	+	0.106)	/	8.555
	=	0.01

Karelian Diamond Resources (LSE:KDR) 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.

Karelian Diamond Resources Debt-to-Equity Related Terms

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

Karelian Diamond Resources (LSE:KDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Karelian Diamond Resources PLC (LSE:KDR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3300 Lake Drive, Citywest Business Campus, Dublin, IRL, D24 TD21

Website

http://www.kareliandiamondresources.com

Karelian Diamond Resources PLC is an Ireland-based company which focuses on the discovery of diamond deposits in Finland. It is engaged in exploring for diamonds and evaluating an existing diamond prospect (diamondiferous kimberlite pipe) in the Karelian Craton of Finland. The company's diamond exploration projects include The Lahtojoki diamond project, The Seitapera diamondiferous kimberlite pipe, and The Riihivaara diamond exploration project which is in Kuopio, Kuhmo, and Riihivaara respectively.

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