Altiplano Metals (STU:9AJ1) Debt-to-Equity : 0.13 (As of Sep. 2023)

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What is Altiplano Metals Debt-to-Equity?

Altiplano Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.26 Mil. Altiplano Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.66 Mil. Altiplano Metals's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €6.95 Mil. Altiplano Metals's debt to equity for the quarter that ended in Sep. 2023 was 0.13.

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 Altiplano Metals's Debt-to-Equity or its related term are showing as below:

STU:9AJ1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.08 Max: 0.2
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Altiplano Metals was 0.20. The lowest was 0.07. And the median was 0.08.

STU:9AJ1's Debt-to-Equity is ranked better than
51.11% of 1307 companies
in the Metals & Mining industry
Industry Median: 0.13 vs STU:9AJ1: 0.13

Altiplano Metals Debt-to-Equity Historical Data

The historical data trend for Altiplano Metals'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.

Altiplano Metals Debt-to-Equity Chart

Altiplano Metals Annual Data

Trend

Sep13

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.19

0.07

0.08

Altiplano Metals Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.08	0.10	0.14	0.13

Competitive Comparison of Altiplano Metals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Altiplano Metals'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.

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

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

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

Altiplano Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Altiplano Metals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.497	+	0.088)	/	7.287
	=	0.08

Altiplano Metals's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.259	+	0.655)	/	6.949
	=	0.13

Altiplano Metals (STU:9AJ1) 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.

Altiplano Metals Debt-to-Equity Related Terms

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

Altiplano Metals (STU:9AJ1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Altiplano Metals Inc (STU:9AJ1) » Definitions » Debt-to-Equity

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ALTPF:USA APN:Canada

Address

10545 - 45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9

Website

https://www.apnmetals.com

Altiplano Metals Inc is a Canadian mineral development company focused on acquiring projects with the potential for advancement from discovery through to production. Altiplano Metals is a growing gold, silver, and copper company focused on the Americas. The Company has a diversified portfolio of assets that include an operating copper/gold/iron mine, development of near-term producing gold/copper projects, and exploration land packages with district-scale potential. Some of the projects include Farallon and Maria Luisa Properties followed by Pastillas Gold Project.

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