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Applied Minerals (Applied Minerals) Debt-to-Equity : -0.99 (As of Sep. 2022)


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What is Applied Minerals Debt-to-Equity?

Applied Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $49.05 Mil. Applied Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.02 Mil. Applied Minerals's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-49.70 Mil. Applied Minerals's debt to equity for the quarter that ended in Sep. 2022 was -0.99.

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 Applied Minerals's Debt-to-Equity or its related term are showing as below:

AMNL'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.

Applied Minerals Debt-to-Equity Historical Data

The historical data trend for Applied Minerals'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.

Applied Minerals Debt-to-Equity Chart

Applied Minerals Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.01 -1.04 -1.00 -0.96 -0.94

Applied Minerals Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.95 -0.94 -0.94 -0.93 -0.99

Competitive Comparison of Applied Minerals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Applied Minerals'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.


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

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

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



Applied Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Applied Minerals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Applied Minerals's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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.


Applied Minerals  (OTCPK:AMNL) 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.


Applied Minerals Debt-to-Equity Related Terms

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


Applied Minerals (Applied Minerals) Business Description

Traded in Other Exchanges
N/A
Address
1200 Silver City Road, PO Box 432, Eureka, UT, USA, 84628
Applied Minerals Inc is an exploration-stage company engaged in the production of halloysite clay and natural iron oxide solutions based in the United States. The company owns and operates the Dragon Mine in Utah, from which it extracts, processes and markets halloysite clay and iron oxide which is sold to various markets. It sells halloysite and Iron Oxide under the DRAGONITE and AMIRON brand respectively.
Executives
Geoffrey Gates Scott director C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Ibs Turnaround Fund (qp) (a Ltd Partnership) 10 percent owner ONE INTERNATIONAL PLACE, SUITE 3120, BOSTON MA 02110
Andre Zeitoun director, officer: President and CEO 630 EAST MULLAN AVENUE, OSBURN ID 83849
Zamani Ali director 110 GREENE STREET, NEW YORK NY 10012
John F Levy director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Mario Concha director 110 GREENE STREET, SUITE 1101, NEW YORK NY 10012
Michael Barry director 500 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10004
Kingdon Gp, Llc 10 percent owner 157 WEST 57TH STREET, 50TH FLOOR, NEW YORK NY 10019
M. Kingdon Offshore Master Fund L.p. 10 percent owner C/O OGIER GLOBAL (CAYMAN) LIMITED, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9009
Kingdon Capital Management, L.l.c. 10 percent owner 152 WEST 57TH STREET, 50TH FLOOR, NEW YORK NY 10019
James Berylson 10 percent owner C/O BERYLSON CAPITAL PARTNERS, LLC, 200 CLARENDON STREET, 50TH FLOOR, BOSTON MA 02116
Mark E Kingdon 10 percent owner
Christopher T Carney officer: Interim CFO 110 GREENE ST. #1101, NEW YORK NY 10012
Ibs Capital Llc 10 percent owner ONE INTERNATIONAL PLACE, 31ST FLOOR, BOSTON MA 02110
David A Taft director ONE INTERNATIONAL PLACE, 31ST FLOOR, BOSTON MA 02110