Kenmare Resources (LSE:KMR) Debt-to-Equity : 0.04 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Kenmare Resources Debt-to-Equity?

Kenmare Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £25.8 Mil. Kenmare Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £13.2 Mil. Kenmare Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £903.2 Mil. Kenmare Resources's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 Kenmare Resources's Debt-to-Equity or its related term are showing as below:

LSE:KMR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.13 Max: 0.68
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Kenmare Resources was 0.68. The lowest was 0.04. And the median was 0.13.

LSE:KMR's Debt-to-Equity is ranked better than
70.56% of 1311 companies
in the Metals & Mining industry
Industry Median: 0.13 vs LSE:KMR: 0.04

Kenmare Resources Debt-to-Equity Historical Data

The historical data trend for Kenmare Resources'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.

Kenmare Resources Debt-to-Equity Chart

Kenmare Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.07

0.17

0.16

0.07

0.04

Kenmare 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-Equity	Get a 7-Day Free Trial															0.16	0.10	0.07	0.06	0.04

Competitive Comparison of Kenmare Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Kenmare Resources'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.

Kenmare Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Kenmare Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kenmare Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(25.782	+	13.239)	/	903.2
	=	0.04

Kenmare Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(25.782	+	13.239)	/	903.2
	=	0.04

Kenmare Resources (LSE:KMR) 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.

Kenmare Resources Debt-to-Equity Related Terms

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

Kenmare Resources (LSE:KMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kenmare Resources PLC (LSE:KMR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KMRPF:USA KMR:Ireland KMRl:UK JEVA:Germany

Address

Hatch Street Upper, 4th Floor, Styne House, Dublin 2, IRL, D02 DY27

Website

https://www.kenmareresources.com

Kenmare Resources PLC is a mining company. The company operates the Moma Titanium Minerals Mine located on the northern coast of Mozambique. Its product types are ilmenite, zircon, rutile, and concentrates. Concentrates include secondary zircon and mineral sands concentrates. The sale of ilmenite accounts for the majority of its revenue. Its geographical segments are China, Italy, the United States, and the Rest of the world. The company derives a majority of its revenue from China.

Kenmare Resources (LSE:KMR) Headlines

No Headlines