Sunshine Metals (ASX:SHN) Debt-to-Asset : 0.01 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Sunshine Metals Debt-to-Asset?

Sunshine Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.10 Mil. Sunshine Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.03 Mil. Sunshine Metals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was A$19.87 Mil. Sunshine Metals's debt to asset for the quarter that ended in Dec. 2023 was 0.01.

Sunshine Metals Debt-to-Asset Historical Data

The historical data trend for Sunshine Metals's Debt-to-Asset 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.

Sunshine Metals Debt-to-Asset Chart

Sunshine Metals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Asset

Get a 7-Day Free Trial

0.02

0.01

Sunshine Metals Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	0.01

Competitive Comparison of Sunshine Metals's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Sunshine Metals's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Sunshine Metals's Debt-to-Asset Distribution in the Metals & Mining Industry

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

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

Sunshine Metals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sunshine Metals's Debt-to-Asset for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.086	+	0)	/	17.287
	=	0.00

Sunshine Metals's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.103	+	0.034)	/	19.872
	=	0.01

Sunshine Metals (ASX:SHN) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Sunshine Metals Debt-to-Asset Related Terms

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

Sunshine Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sunshine Metals Ltd (ASX:SHN) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Mackley Street, Unit 1, Garbutt, QLD, AUS, 4814

Website

https://www.shnmetals.com.au

Sunshine Metals Ltd is focused on discovery and development at its high-quality gold and copper projects in Queensland, comprising Ravenswood Consolidated, Triumph, Investigator and Hodgkinson projects.

Sunshine Metals Headlines

No Headlines