KGHM Polska Miedz (WAR:KGH) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is KGHM Polska Miedz Debt-to-Equity?

KGHM Polska Miedz's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was zł964 Mil. KGHM Polska Miedz's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was zł4,761 Mil. KGHM Polska Miedz's Total Stockholders Equity for the quarter that ended in Dec. 2023 was zł28,565 Mil. KGHM Polska Miedz's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 KGHM Polska Miedz's Debt-to-Equity or its related term are showing as below:

WAR:KGH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.35 Max: 0.51
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of KGHM Polska Miedz was 0.51. The lowest was 0.19. And the median was 0.35.

WAR:KGH's Debt-to-Equity is ranked worse than
57% of 1314 companies
in the Metals & Mining industry
Industry Median: 0.13 vs WAR:KGH: 0.20

KGHM Polska Miedz Debt-to-Equity Historical Data

The historical data trend for KGHM Polska Miedz'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.

KGHM Polska Miedz Debt-to-Equity Chart

KGHM Polska Miedz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.39

0.35

0.22

0.20

KGHM Polska Miedz Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.20	0.20	0.18	0.19	0.20

Competitive Comparison of KGHM Polska Miedz's Debt-to-Equity

For the Copper subindustry, KGHM Polska Miedz'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.

KGHM Polska Miedz's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where KGHM Polska Miedz's Debt-to-Equity falls into.

KGHM Polska Miedz Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KGHM Polska Miedz's Debt to Equity Ratio for the fiscal year 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
	=	(964	+	4761)	/	28565
	=	0.20

KGHM Polska Miedz'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
	=	(964	+	4761)	/	28565
	=	0.20

KGHM Polska Miedz (WAR:KGH) 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.

KGHM Polska Miedz Debt-to-Equity Related Terms

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

KGHM Polska Miedz (WAR:KGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » KGHM Polska Miedz SA (WAR:KGH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KGHPF:USA 0O8D:UK KGHA:Germany KGH:Czech Republic

Address

48 M.Sklodowskiej-Curie Street, Lubin, POL, 59-301

Website

https://www.kghm.com

KGHM Polska Miedz SA engages in copper ore mining and copper production primarily in South-Western Poland. The company also produces precious metals such as silver, which is typically used for coins, jewellery, photography products and industrial purposes. The bulk of group revenue is generated through copper sales, and the remainder is primarily through sales of silver, while a minor portion is generated through the production of gold, salt and casting of light metals. The materials are sold domestically, and exported to Germany, China, the U.S., the United Kingdom and the Czech Republic, among many other European nations. KGHM Polska Miedz SA is also involved in construction and engineering, through its wholly owned subsidiary Bipromet SA.

KGHM Polska Miedz (WAR:KGH) Headlines

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