GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MAC Copper Ltd (NYSE:MTAL) » Definitions » Debt-to-Equity

MTAL (MAC Copper) Debt-to-Equity : 0.73 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is MAC Copper Debt-to-Equity?

MAC Copper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $62.8 Mil. MAC Copper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $350.7 Mil. MAC Copper's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $567.0 Mil. MAC Copper's debt to equity for the quarter that ended in Dec. 2024 was 0.73.

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 MAC Copper's Debt-to-Equity or its related term are showing as below:

MTAL' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.04   Med: 0.73   Max: 1.73
Current: 0.73

During the past 4 years, the highest Debt-to-Equity Ratio of MAC Copper was 1.73. The lowest was -0.04. And the median was 0.73.

MTAL's Debt-to-Equity is ranked worse than
81.2% of 1234 companies
in the Metals & Mining industry
Industry Median: 0.14 vs MTAL: 0.73

MAC Copper Debt-to-Equity Historical Data

The historical data trend for MAC Copper'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.

MAC Copper Debt-to-Equity Chart

MAC Copper Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
- -0.04 1.73 0.73

MAC Copper Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Jun24 Dec24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 N/A 1.73 0.98 0.73

Competitive Comparison of MAC Copper's Debt-to-Equity

For the Copper subindustry, MAC Copper'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.


MAC Copper's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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


;
;

MAC Copper Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MAC Copper's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

MAC Copper's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* 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.


MAC Copper  (NYSE:MTAL) 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.


MAC Copper Debt-to-Equity Related Terms

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


MAC Copper Business Description

Traded in Other Exchanges
Address
44 Esplanade, 3rd Floor, Saint Helier, JEY, JE4 9WG
MAC Copper Ltd is a company focused on operating and acquiring metals and mining businesses in high-quality, stable jurisdictions that are critical in the electrification and decarbonization of the world-wide economy.
Executives
Patrice E Merrin director 92 BIRCH AVENUE, TORONTO A6 M4V1C8
Rhett Bennett director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Michael Mcmullen director, officer: Chief Executive Officer P O BOX 1523, WEST PERTH C3 6872
Green Mountain Metals Llc 10 percent owner 425 HOUSTON STREET, FORT WORTH TX 76102
Charles D Mcconnell director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Rasmus Kristoffer Gerdeman director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Neville Joseph Power director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Dan Vujcic officer: Chief Development Officer 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Marthinus J Crouse officer: Chief Financial Officer 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102