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Cyprium Metals (ASX:CYM) Debt-to-Equity : 0.64 (As of Jun. 2023)


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What is Cyprium Metals Debt-to-Equity?

Cyprium Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$0.51 Mil. Cyprium Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$44.75 Mil. Cyprium Metals's Total Stockholders Equity for the quarter that ended in Jun. 2023 was A$70.86 Mil. Cyprium Metals's debt to equity for the quarter that ended in Jun. 2023 was 0.64.

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 Cyprium Metals's Debt-to-Equity or its related term are showing as below:

ASX:CYM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.35   Max: 0.54
Current: 0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Cyprium Metals was 0.54. The lowest was 0.01. And the median was 0.35.

ASX:CYM's Debt-to-Equity is ranked worse than
76.32% of 1305 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ASX:CYM: 0.54

Cyprium Metals Debt-to-Equity Historical Data

The historical data trend for Cyprium Metals'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.

Cyprium Metals Debt-to-Equity Chart

Cyprium Metals Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.35 0.41 0.54

Cyprium Metals Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 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 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 0.35 0.43 0.41 0.64 0.54

Competitive Comparison of Cyprium Metals's Debt-to-Equity

For the Copper subindustry, Cyprium Metals'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.


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

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

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



Cyprium Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cyprium Metals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Cyprium Metals's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

* 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.


Cyprium Metals  (ASX:CYM) 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.


Cyprium Metals Debt-to-Equity Related Terms

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


Cyprium Metals (ASX:CYM) Business Description

Traded in Other Exchanges
Address
437 Roberts Road, Ground Floor, Subiaco, Perth, WA, AUS, 6008
Cyprium Metals Ltd is a company engaged in the business of mineral exploration. The company operates through various projects including Nifty Copper Mines; Maroochydore Copper Project; Paterson Exploration Project and Murchison Copper-Gold Project.

Cyprium Metals (ASX:CYM) Headlines

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