Acacia Coal (ASX:SPN) Debt-to-Equity : 0.00 (As of Dec. 2019)

View and export this data going back to 1986. Start your Free Trial

What is Acacia Coal Debt-to-Equity?

Acacia Coal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was A$0.00 Mil. Acacia Coal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was A$0.00 Mil. Acacia Coal's Total Stockholders Equity for the quarter that ended in Dec. 2019 was A$2.65 Mil. Acacia Coal's debt to equity for the quarter that ended in Dec. 2019 was 0.00.

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 Acacia Coal's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Acacia Coal was 0.78. The lowest was -0.59. And the median was 0.23.

ASX:SPN's Debt-to-Equity is not ranked ^*
in the Other Energy Sources industry.
Industry Median: 0.23
* Ranked among companies with meaningful Debt-to-Equity only.

Acacia Coal Debt-to-Equity Historical Data

The historical data trend for Acacia Coal'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.

Acacia Coal Debt-to-Equity Chart

Acacia Coal Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Debt-to-Equity

Get a 7-Day Free Trial

Acacia Coal Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Acacia Coal's Debt-to-Equity

For the Thermal Coal subindustry, Acacia Coal'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.

Acacia Coal's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Acacia Coal's Debt-to-Equity distribution charts can be found below:

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

Acacia Coal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acacia Coal's Debt to Equity Ratio for the fiscal year that ended in Jun. 2020 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	+	0)	/	2.215
	=	0.00

Acacia Coal's Debt to Equity Ratio for the quarter that ended in Dec. 2019 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	+	0)	/	2.651
	=	0.00

Acacia Coal (ASX:SPN) 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.

Acacia Coal Debt-to-Equity Related Terms

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

Acacia Coal (ASX:SPN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Acacia Coal Ltd (ASX:SPN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ground Floor, 16 Ord Street, West Perth, Perth, NSW, AUS, 6005

Website

http://www.acaciacoal.com.au

Acacia Coal Ltd is engaged in coal exploration and mine development company. It is engaged in the exploration and project development of the Riverside Anthracite (RAC) project. The RAC project is located at the southern portion of the Vryheid Coalfield near the magisterial district of Vryheid in Kwa-Zulu Natal, South Africa. It also has two exploration projects namely Mt Bruce Project and the Mt Windarra Project located in the Pilbara and Goldfields regions of Western Australia which are prospective for cobalt, copper, and nickel.

Acacia Coal (ASX:SPN) Headlines

No Headlines