Jangada Mines (LSE:JAN) Debt-to-Equity : 0.00 (As of Jun. 2023)

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What is Jangada Mines Debt-to-Equity?

Jangada Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.00 Mil. Jangada Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.00 Mil. Jangada Mines's Total Stockholders Equity for the quarter that ended in Jun. 2023 was £3.46 Mil. Jangada Mines's debt to equity for the quarter that ended in Jun. 2023 was 0.00.

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 Jangada Mines's Debt-to-Equity or its related term are showing as below:

During the past 7 years, the highest Debt-to-Equity Ratio of Jangada Mines was 0.47. The lowest was -0.82. And the median was 0.14.

LSE:JAN's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Jangada Mines Debt-to-Equity Historical Data

The historical data trend for Jangada Mines'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.

Jangada Mines Debt-to-Equity Chart

Jangada Mines Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.22

0.47

Jangada Mines Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Jangada Mines's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Jangada Mines'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.

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

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

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

Jangada Mines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jangada Mines's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	0)	/	3.99
	=	0.00

Jangada Mines's Debt to Equity Ratio for the quarter 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	+	0)	/	3.459
	=	0.00

Jangada Mines (LSE:JAN) 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.

Jangada Mines Debt-to-Equity Related Terms

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Jangada Mines (LSE:JAN) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

JMU:Germany

Address

Eastcastle House 27-28, Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.jangadamines.com

Jangada Mines PLC is engaged in the exploration and development of PGM mining assets in Brazil. The company's project includes the Pitombeiras project. The Pitombeiras project is contained within a single exploration license covering 1,958 hectares.