Critical Metals (LSE:CRTM) Debt-to-Equity : 0.47 (As of Dec. 2023)

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What is Critical Metals Debt-to-Equity?

Critical Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.82 Mil. Critical Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Critical Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £1.76 Mil. Critical Metals's debt to equity for the quarter that ended in Dec. 2023 was 0.47.

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

LSE:CRTM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.39 Max: 0.47
Current: 0.47

During the past 5 years, the highest Debt-to-Equity Ratio of Critical Metals was 0.47. The lowest was 0.31. And the median was 0.39.

LSE:CRTM's Debt-to-Equity is ranked worse than
74.02% of 1305 companies
in the Metals & Mining industry
Industry Median: 0.13 vs LSE:CRTM: 0.47

Critical Metals Debt-to-Equity Historical Data

The historical data trend for Critical 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.

Critical Metals Debt-to-Equity Chart

Critical Metals Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.31

Critical Metals Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						-	-	-	0.31	0.47

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

For the Other Industrial Metals & Mining subindustry, Critical 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.

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

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

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

Critical Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Critical Metals's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.806	+	0)	/	2.566
	=	0.31

Critical Metals'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
	=	(0.823	+	0)	/	1.763
	=	0.47

Critical Metals (LSE:CRTM) 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.

Critical Metals Debt-to-Equity Related Terms

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

Critical Metals (LSE:CRTM) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

67K:Germany 67K:Germany

Address

20 Primrose Street, The Broadgate Tower 7th Floor, London, GBR, EC2A 2EW

Website

https://www.criticalmetals.co.uk

Critical Metals PLC is a mining investment company. The company looks to identify potential companies, businesses, or assets that have operations in the natural resources exploration, development, and production sector.

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