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Arizona Lithium (STU:UDE0) Debt-to-Equity : 0.02 (As of Dec. 2023)


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What is Arizona Lithium Debt-to-Equity?

Arizona Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.37 Mil. Arizona Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.03 Mil. Arizona Lithium's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €57.87 Mil. Arizona Lithium's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 Arizona Lithium's Debt-to-Equity or its related term are showing as below:

STU:UDE0' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.57   Med: 0.01   Max: 0.04
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Arizona Lithium was 0.04. The lowest was -1.57. And the median was 0.01.

STU:UDE0's Debt-to-Equity is ranked better than
76.46% of 1253 companies
in the Metals & Mining industry
Industry Median: 0.13 vs STU:UDE0: 0.03

Arizona Lithium Debt-to-Equity Historical Data

The historical data trend for Arizona Lithium'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.

Arizona Lithium Debt-to-Equity Chart

Arizona Lithium Annual Data
Trend Jun12 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.04 0.03

Arizona Lithium Semi-Annual Data
Dec13 Dec14 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.06 0.04 0.02 0.03

Competitive Comparison of Arizona Lithium's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Arizona Lithium'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.


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

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

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



Arizona Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arizona Lithium's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Arizona Lithium's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Arizona Lithium  (STU:UDE0) 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.


Arizona Lithium Debt-to-Equity Related Terms

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


Arizona Lithium Business Description

Traded in Other Exchanges
Address
10 Outram Street, Level 2, West Perth, WA, AUS, 6005
Arizona Lithium Ltd is an Australian company focused on the development and exploration of its United States based lithium assets. The company is engaged in the development of its Big Sandy Lithium Project in Arizona and Lordsburg Lithium Project in New Mexico.

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