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Mount Gibson Iron (ASX:MGX) Debt-to-Revenue : 0.02 (As of Dec. 2023)


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What is Mount Gibson Iron Debt-to-Revenue?

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

Mount Gibson Iron's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$9.5 Mil. Mount Gibson Iron's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$7.2 Mil. Mount Gibson Iron's annualized Revenue for the quarter that ended in Dec. 2023 was A$808.3 Mil. Mount Gibson Iron's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.


Mount Gibson Iron Debt-to-Revenue Historical Data

The historical data trend for Mount Gibson Iron'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.

Mount Gibson Iron Debt-to-Revenue Chart

Mount Gibson Iron 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 0.01 0.03 0.06 0.06 0.05

Mount Gibson Iron 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 0.21 0.04 0.22 0.04 0.02

Competitive Comparison of Mount Gibson Iron's Debt-to-Revenue

For the Steel subindustry, Mount Gibson Iron'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.


Mount Gibson Iron's Debt-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mount Gibson Iron's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mount Gibson Iron's Debt-to-Revenue falls into.



Mount Gibson Iron Debt-to-Revenue Calculation

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

Mount Gibson Iron'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
=(11.194 + 11.851) / 452.685
=0.05

Mount Gibson Iron'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
=(9.503 + 7.247) / 808.274
=0.02

* 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.


Mount Gibson Iron Debt-to-Revenue Related Terms

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Mount Gibson Iron (ASX:MGX) Business Description

Traded in Other Exchanges
Address
2 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005
Mount Gibson Iron Ltd is a Western Australia-based iron ore mining company. The activities of the company involve mining, processing and direct shipment of hematite iron ore at the Koolan Island mine site in the Kimberley region of Western Australia; care and maintenance of the Shine hematite iron ore site and related infrastructure, rehabilitation works at the Extension Hill mine site and management of the Geraldton Port facilities in the Mid-West region of Western Australia; treasury management; and the pursuit of mineral resources acquisitions and investments. The company operates into two segments: Mid-West segment and Koolan Island segment. The company derives the majority of its revenue from Koolan Island.

Mount Gibson Iron (ASX:MGX) Headlines