Atlas Metals Group (LSE:AMG) Debt-to-Equity : 0.00 (As of Jun. 2024)

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What is Atlas Metals Group Debt-to-Equity?

Atlas Metals Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.00 Mil. Atlas Metals Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.00 Mil. Atlas Metals Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was £-2.34 Mil. Atlas Metals Group'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 Atlas Metals Group's Debt-to-Equity or its related term are showing as below:

LSE:AMG' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.68 Med: 1.27 Max: 5.05
Current: -0.36

During the past 7 years, the highest Debt-to-Equity Ratio of Atlas Metals Group was 5.05. The lowest was -0.68. And the median was 1.27.

LSE:AMG's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.14 vs LSE:AMG: -0.36

Atlas Metals Group Debt-to-Equity Historical Data

The historical data trend for Atlas Metals Group'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.

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Atlas Metals Group Debt-to-Equity Chart

Atlas Metals Group Annual Data

Trend

Feb17

Feb18

Feb19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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5.05

0.15

2.40

-0.68

Atlas Metals Group Semi-Annual Data
	Feb17	Feb18	Aug18	Feb19	Aug19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial									-	2.40	-	-0.68	-

Competitive Comparison of Atlas Metals Group's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Atlas Metals Group'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.

Atlas Metals Group's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Atlas Metals Group's Debt-to-Equity falls into.

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Atlas Metals Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlas Metals Group'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
	=	(0.827	+	0.022)	/	-1.246
	=	-0.68

Atlas Metals Group'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)	/	-2.338
	=	0.00

Atlas Metals Group (LSE:AMG) 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.

Atlas Metals Group Debt-to-Equity Related Terms

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Atlas Metals Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlas Metals Group PLC (LSE:AMG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

107 Cheapside, 9th Floor, London, GBR, EC2V 6DN

Website

https://www.atlasmetalsgroup.com

Atlas Metals Group PLC is focused on identifying projects and acquisition opportunities with the potential for growth and value creation in commodities with high demand due to macroeconomic, energy transition, and technology trends. The company is engaged in buying and building plans in copper and critical metals, starting in Morocco with an initial focus across Africa. The projects of the company include The Gold Ridge Project, Uranium Project, Lake Victoria Gold Project, and others.