Manuka Resources (STU:6M0A) Debt-to-Equity : 1.68 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Manuka Resources Debt-to-Equity?

Manuka Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €17.48 Mil. Manuka Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.12 Mil. Manuka Resources's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €10.49 Mil. Manuka Resources's debt to equity for the quarter that ended in Jun. 2024 was 1.68.

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

STU:6M0A' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.99 Med: 1.47 Max: 7.64
Current: 1.68

During the past 4 years, the highest Debt-to-Equity Ratio of Manuka Resources was 7.64. The lowest was 0.99. And the median was 1.47.

STU:6M0A's Debt-to-Equity is ranked worse than
93.57% of 1245 companies
in the Metals & Mining industry
Industry Median: 0.13 vs STU:6M0A: 1.68

Manuka Resources Debt-to-Equity Historical Data

The historical data trend for Manuka 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.

Manuka Resources Debt-to-Equity Chart

Manuka Resources Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

7.64

0.99

1.26

1.68

Manuka Resources Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial				0.99	0.55	1.26	2.11	1.68

Competitive Comparison of Manuka Resources's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Manuka 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.

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

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

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

Manuka Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Manuka Resources'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
	=	(17.483	+	0.117)	/	10.493
	=	1.68

Manuka Resources'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
	=	(17.483	+	0.117)	/	10.493
	=	1.68

Manuka Resources (STU:6M0A) 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.

Manuka Resources Debt-to-Equity Related Terms

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

Manuka Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Manuka Resources Ltd (STU:6M0A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MKR:Australia

Address

201 Kent Street, Level 4, Grafton Bond Building, Sydney, NSW, AUS, 2000

Website

https://www.manukaresources.com.au

Manuka Resources Ltd is a mineral resource company. The company's operating segment includes Exploration in Australia, Exploration in New Zealand and Operations. It generates maximum revenue from the Operations segment. The Operations segment engages in the appraisal, development, and processing of gold and silver deposits.

Manuka Resources Headlines

No Headlines