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Pilbara Minerals (ASX:PLS) Debt-to-Asset : 0.13 (As of Dec. 2023)


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What is Pilbara Minerals Debt-to-Asset?

Pilbara Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$133 Mil. Pilbara Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$445 Mil. Pilbara Minerals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was A$4,397 Mil. Pilbara Minerals's debt to asset for the quarter that ended in Dec. 2023 was 0.13.


Pilbara Minerals Debt-to-Asset Historical Data

The historical data trend for Pilbara Minerals's Debt-to-Asset 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.

Pilbara Minerals Debt-to-Asset Chart

Pilbara Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.29 0.18 0.15 0.09

Pilbara Minerals 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-Asset 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 0.18 0.15 0.09 0.09 0.13

Competitive Comparison of Pilbara Minerals's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Pilbara Minerals's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Pilbara Minerals's Debt-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pilbara Minerals's Debt-to-Asset falls into.



Pilbara Minerals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Pilbara Minerals's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(124.331 + 347.618) / 5198.835
=0.09

Pilbara Minerals's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(132.803 + 444.812) / 4397.26
=0.13

* 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.


Pilbara Minerals  (ASX:PLS) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Pilbara Minerals Debt-to-Asset Related Terms

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Pilbara Minerals (ASX:PLS) Business Description

Traded in Other Exchanges
Address
146 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005
Pilbara Minerals Ltd is an industrial metals and materials company. The business is engaged in the exploration, development, and mining of resources. Pilbara Minerals has one business segment, Mining, that is engaged in mineral exploration, evaluation, and development of various mineral resources. The company generates the vast majority of its revenue in Australia. The company's primary property is the Pilgangoora Lithium-Tantalum Project in the Pilbara region of Western Australia.

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