Element 25 Debt/Equity
What is the Debt/Equity of Element 25?
The Debt/Equity of Element 25 Limited is 0.23
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Materials sector on ASX compared to Element 25
What does Element 25 do?
Element 25 Limited engages in the exploration of mineral properties in Australia and France. The company explores for manganese, copper, and nickel deposits. It owns a 100% interest in the Butcherbird manganese project for producing high purity manganese sulphate monohydrate for use in lithium-ion battery. The company's Butcherbird project is located to the north of Perth and south of Newman in the Pilbara region, Western Australia. It also holds 100% interest in the Pinnacles project located to the northeast of Kalgoorlie. The company was formerly known as Montezuma Mining Company Limited and changed its name to Element 25 Limited in May 2018. Element 25 Limited was incorporated in 2006 and is based in Osborne Park, Australia.
Companies with debt/equity similar to Element 25
- Torex Gold Resources has Debt/Equity of 0.23
- Teekay Tankers Ltd has Debt/Equity of 0.23
- Global Graphics Plc has Debt/Equity of 0.23
- Silver Mountain Resources Inc has Debt/Equity of 0.23
- Ikwezi Mining has Debt/Equity of 0.23
- Jiangsu Shemar Electric Co.,Ltd has Debt/Equity of 0.23
- Element 25 has Debt/Equity of 0.23
- FBR has Debt/Equity of 0.23
- Cirrus Logic has Debt/Equity of 0.23
- MJ Innovation Capital has Debt/Equity of 0.23
- Australian Silica Quartz has Debt/Equity of 0.23
- Everbright Grand China Assets has Debt/Equity of 0.23
- Jiangsu Eazytec Co has Debt/Equity of 0.23