Hudbay Minerals (Hudbay Minerals) Debt-to-Equity

: 0.66 (As of Dec. 2023)

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Hudbay Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $29 Mil. Hudbay Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,349 Mil. Hudbay Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,097 Mil. Hudbay Minerals's debt to equity for the quarter that ended in Dec. 2023 was 0.66.

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 Hudbay Minerals's Debt-to-Equity or its related term are showing as below:

HBM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 0.68 Max: 0.85
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Hudbay Minerals was 0.85. The lowest was 0.47. And the median was 0.68.

HBM's Debt-to-Equity is ranked worse than
80.75% of 1304 companies
in the Metals & Mining industry
Industry Median: 0.13 vs HBM: 0.66

Hudbay Minerals Debt-to-Equity Historical Data

The historical data trend for Hudbay Minerals'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.

Hudbay Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.58

0.71

0.85

0.79

0.66

Hudbay Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.79	0.81	0.74	0.73	0.66

Competitive Comparison

For the Copper subindustry, Hudbay Minerals'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.

Hudbay Minerals Debt-to-Equity Distribution

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

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

Hudbay Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hudbay Minerals'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
	=	(28.902	+	1348.969)	/	2096.811
	=	0.66

Hudbay Minerals'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
	=	(28.902	+	1348.969)	/	2096.811
	=	0.66

Hudbay Minerals (NYSE:HBM) 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.

Hudbay Minerals Debt-to-Equity Related Terms

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Hudbay Minerals (Hudbay Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hudbay Minerals Inc (NYSE:HBM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HBM:Peru OCKA:Germany OCKA:Germany HBM:Canada

Address

25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5

Website

http://www.hudbayminerals.com

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.