3D Metal Forge (ASX:3MF) Debt-to-Equity : 7.35 (As of Dec. 2021)

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What is 3D Metal Forge Debt-to-Equity?

3D Metal Forge's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was A$1.84 Mil. 3D Metal Forge's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was A$2.70 Mil. 3D Metal Forge's Total Stockholders Equity for the quarter that ended in Dec. 2021 was A$0.62 Mil. 3D Metal Forge's debt to equity for the quarter that ended in Dec. 2021 was 7.34.

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 3D Metal Forge's Debt-to-Equity or its related term are showing as below:

ASX:3MF's Debt-to-Equity is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

3D Metal Forge Debt-to-Equity Historical Data

The historical data trend for 3D Metal Forge'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.

3D Metal Forge Debt-to-Equity Chart

3D Metal Forge Annual Data

Trend

Dec21

Debt-to-Equity

7.35

3D Metal Forge Semi-Annual Data
	Jun21	Dec21
Debt-to-Equity	1.09	7.35

Competitive Comparison of 3D Metal Forge's Debt-to-Equity

For the Metal Fabrication subindustry, 3D Metal Forge'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.

3D Metal Forge's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, 3D Metal Forge's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 3D Metal Forge's Debt-to-Equity falls into.

3D Metal Forge Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

3D Metal Forge's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(1.843	+	2.696)	/	0.618
	=	7.34

3D Metal Forge's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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
	=	(1.843	+	2.696)	/	0.618
	=	7.34

3D Metal Forge (ASX:3MF) 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.

3D Metal Forge Debt-to-Equity Related Terms

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3D Metal Forge (ASX:3MF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » 3D Metal Forge Ltd (ASX:3MF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

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

Website

https://www.3dmetalforge.com

3D Metal Forge Ltd is engaged in the business of providing 3D metal printing solutions and services. Also, the company provides diagnostic analysis, design services, client facility operation, and training services. Its geographical segments include Australia; Singapore and United States. The company generates maximum revenue from Singapore.

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