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Alkane Resources (ASX:ALK) Debt-to-Revenue : 0.06 (As of Dec. 2023)


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What is Alkane Resources Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Alkane Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$7.1 Mil. Alkane Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$3.8 Mil. Alkane Resources's annualized Revenue for the quarter that ended in Dec. 2023 was A$178.1 Mil. Alkane Resources's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.


Alkane Resources Debt-to-Revenue Historical Data

The historical data trend for Alkane Resources's Debt-to-Revenue 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.

Alkane Resources Debt-to-Revenue Chart

Alkane Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.09 0.07 0.09 0.07

Alkane Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue 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 0.14 0.09 0.08 0.07 0.06

Competitive Comparison of Alkane Resources's Debt-to-Revenue

For the Gold subindustry, Alkane Resources's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Alkane Resources's Debt-to-Revenue Distribution in the Metals & Mining Industry

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

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



Alkane Resources Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Alkane Resources's Debt-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7.371 + 6.175) / 190.527
=0.07

Alkane Resources's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7.101 + 3.8) / 178.12
=0.06

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.


Alkane Resources Debt-to-Revenue Related Terms

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Alkane Resources (ASX:ALK) Business Description

Traded in Other Exchanges
Address
66 Kings Park Road, Level 4, West Perth, Perth, WA, AUS, 6005
Alkane Resources Ltd owns and operates Tomingley Gold Operations, an open pit and underground gold mining development, located 50km southwest of Dubbo. It also holds several prospective gold and copper tenements in Central West NSW, including the Boda deposit 20km north of Wellington. The initial Boda and Kaiser resource estimates suggest a genuine prospect for a large-tonnage gold-copper development.