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Fenix Resources (ASX:FEX) Debt-to-Asset : 0.12 (As of Dec. 2023)


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What is Fenix Resources Debt-to-Asset?

Fenix Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$9.7 Mil. Fenix Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$18.2 Mil. Fenix Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was A$238.6 Mil. Fenix Resources's debt to asset for the quarter that ended in Dec. 2023 was 0.12.

Fenix Resources Debt-to-Asset Historical Data

The historical data trend for Fenix Resources'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.

Fenix Resources Debt-to-Asset Chart

Fenix Resources 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 - - 0.02 - 0.11

Fenix 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-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 0.02 - 0.13 0.11 0.12

Competitive Comparison of Fenix Resources's Debt-to-Asset

For the Steel subindustry, Fenix Resources'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.

Fenix Resources's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Fenix Resources's Debt-to-Asset distribution charts can be found below:

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


Fenix Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fenix Resources'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
=(8.795 + 12.573) / 187.021
=0.11

Fenix Resources'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
=(9.74 + 18.182) / 238.581
=0.12

* 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.

Fenix Resources  (ASX:FEX) 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.

Fenix Resources Debt-to-Asset Related Terms

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

Fenix Resources (ASX:FEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Fenix Resources Ltd (ASX:FEX) » Definitions » Debt-to-Asset
Comparable Companies
ASX:BIS ASX:M4M ASX:IRD ASX:EQN ASX:GWR ASX:EQX ASX:PLG ASX:MGX ASX:BCI ASX:VSL NUE BOM:500228 NSE:TATASTEEL SHSE:600019 XKRX:005490 STLD XAMS:MT TSE:5401 MIC:CHMF RS
Traded in Other Exchanges
N/A
Address
1202 Hay Street, Office 10, Emerald House, Perth, WA, AUS, 6005
Website
https://www.fenixresources.com.au
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has three reportable segments: the Iron Ridge Project, Fenix-Newhaul and Trucking Joint Venture. It is involved in the exploration of iron, base metals, and precious metals in Western Australia. The majority of the revenue is generated from Western Australia's iron ore mining. Its Iron Ridge Project is located approximately 600 km north-northeast of Perth and approximately 67 km northeast of the township of Cue in the Murchison region.