Lynas Rare Earths (LTS:0A2N) Debt-to-Equity : 0.08 (As of Jun. 2024)

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What is Lynas Rare Earths Debt-to-Equity?

Lynas Rare Earths's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$33.5 Mil. Lynas Rare Earths's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$150.5 Mil. Lynas Rare Earths's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$2,242.8 Mil. Lynas Rare Earths's debt to equity for the quarter that ended in Jun. 2024 was 0.08.

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 Lynas Rare Earths's Debt-to-Equity or its related term are showing as below:

LTS:0A2N' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.38 Max: 7.9
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Lynas Rare Earths was 7.90. The lowest was 0.08. And the median was 0.38.

LTS:0A2N's Debt-to-Equity is ranked better than
59.15% of 1251 companies
in the Metals & Mining industry
Industry Median: 0.13 vs LTS:0A2N: 0.08

Lynas Rare Earths Debt-to-Equity Historical Data

The historical data trend for Lynas Rare Earths'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.

Lynas Rare Earths Debt-to-Equity Chart

Lynas Rare Earths Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.39

0.16

0.12

0.09

0.08

Lynas Rare Earths 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															0.12	0.11	0.09	0.08	0.08

Competitive Comparison of Lynas Rare Earths's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Lynas Rare Earths'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.

Lynas Rare Earths's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lynas Rare Earths's Debt-to-Equity falls into.

Lynas Rare Earths Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lynas Rare Earths's Debt to Equity Ratio for the fiscal year 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
	=	(33.496	+	150.482)	/	2242.805
	=	0.08

Lynas Rare Earths'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
	=	(33.496	+	150.482)	/	2242.805
	=	0.08

Lynas Rare Earths (LTS:0A2N) 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.

Lynas Rare Earths Debt-to-Equity Related Terms

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

Lynas Rare Earths Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lynas Rare Earths Ltd (LTS:0A2N) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LYSDY:USA LYSCF:USA LYI:Germany LYC:Australia

Address

1 Howard Street, Level 4, Perth, WA, AUS, 6000

Website

https://www.lynascorp.com

Lynas Rare Earths Ltd is an Australian firm. It operates in a single segment and is engaged in integrated extraction and processing of Rare Earth minerals, in Australia and Malaysia; and the Development of Rare Earth deposits. It is focused on the Kalgoorlie project.

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