Western Yilgarn NL (ASX:WYX) Debt-to-Equity : 0.00 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Western Yilgarn NL Debt-to-Equity?

Western Yilgarn NL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Western Yilgarn NL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Western Yilgarn NL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$3.47 Mil. Western Yilgarn NL's debt to equity for the quarter that ended in Dec. 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 Western Yilgarn NL's Debt-to-Equity or its related term are showing as below:

ASX:WYX' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.22 Med: 0.01 Max: 0.02
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Western Yilgarn NL was 0.02. The lowest was -0.22. And the median was 0.01.

ASX:WYX's Debt-to-Equity is ranked better than
99.92% of 1302 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ASX:WYX: 0.01

Western Yilgarn NL Debt-to-Equity Historical Data

The historical data trend for Western Yilgarn NL'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.

Western Yilgarn NL Debt-to-Equity Chart

Western Yilgarn NL Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

Western Yilgarn NL Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	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															-0.22	-	0.02	0.01	-

Competitive Comparison of Western Yilgarn NL's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Western Yilgarn NL'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.

Western Yilgarn NL's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Western Yilgarn NL's Debt-to-Equity falls into.

Western Yilgarn NL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Western Yilgarn NL'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
	=	(0.04	+	0)	/	3.908
	=	0.01

Western Yilgarn NL'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	+	0)	/	3.465
	=	0.00

Western Yilgarn NL (ASX:WYX) 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.

Western Yilgarn NL Debt-to-Equity Related Terms

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

Western Yilgarn NL (ASX:WYX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Yilgarn NL (ASX:WYX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2A / 300 Fitzgerald Street, Level 1, North Perth, Perth, WA, AUS, 6006

Website

https://www.westernyilgarn.com.au

Western Yilgarn NL is an early-stage mineral exploration company, engaged in the evaluation and development of prospective projects across Western Australia's emerging mining jurisdictions. It holds interest in the Darling Range project and PGE Projects. The Group as one operating segment, as the Group's activities relate to mineral exploration.

Western Yilgarn NL (ASX:WYX) Headlines

No Headlines