What is the debt of Comet Ridge this year?
Comet Ridge has a debt level of -4.45 AUD this year.
Comet Ridge Debt 2024
Comet Ridge Debt
-4.45 AUD
Ticker
COI.AX
ISIN
AU000000COI3
WKN
A0B9WL
In 2024, Comet Ridge's total debt was -4.45 AUD, a -196.76% change from the 4.59 AUD total debt recorded in the previous year.
Comet Ridge Aktienanalyse
What does Comet Ridge do?
Comet Ridge Ltd. is an Australian company specializing in the exploration and production of unconventional natural gas. It was founded in 2005 and is headquartered in Brisbane, Australia. The company began exploring the Bowen Basin in Queensland for unconventional natural gas, specifically coal seam gas. It identified a significant potential for production and initiated planning and development activities in the region. Comet Ridge operates with a unique business model based on identifying opportunities for exploration and production of coal seam gas. It follows a strategy of joint operations, where it owns and operates multiple areas within its operating region, sharing operational liabilities with its partners. The company is divided into different business segments, including operational activities focused on the conversion of existing reserves into economically viable assets, as well as gas marketing, selling coal seam gas to various industries, representing an environmentally friendly strategy due to its lower greenhouse gas emissions. Comet Ridge also holds interests in a leading coal mine in Australia and a company specializing in compressor design and construction for the gas industry. In addition to coal seam gas, the company offers various products and services, including commercial and technical support. Overall, Comet Ridge Ltd. specializes in the exploration, production, and marketing of coal seam gas, implementing an environmentally sustainable strategy and reducing greenhouse gas emissions for a more sustainable future. Comet Ridge ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Comet Ridge's Debt Structure
Comet Ridge's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Comet Ridge's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Comet Ridge’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Comet Ridge’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Comet Ridge stock
What was the debt of Comet Ridge compared to the previous year?
The debt of Comet Ridge has increased by -196.76% compared to the previous year dropped.
What are the consequences of high debt for investors in Comet Ridge?
High debt can pose a risk for investors of Comet Ridge, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Comet Ridge?
Low debt means that Comet Ridge has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Comet Ridge affect the company?
An increase in debt of Comet Ridge can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Comet Ridge affect the company?
A reduction in debt of Comet Ridge can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Comet Ridge?
Some factors that can influence the debt of Comet Ridge include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Comet Ridge so important for investors?
The debts of Comet Ridge are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Comet Ridge take to change the debt?
To change the debt, Comet Ridge can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Comet Ridge pay?
Over the past 12 months, Comet Ridge paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Comet Ridge is expected to pay a dividend of 0 AUD.
What is the dividend yield of Comet Ridge?
The current dividend yield of Comet Ridge is .
When does Comet Ridge pay dividends?
Comet Ridge pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Comet Ridge?
Comet Ridge paid dividends every year for the past 0 years.
What is the dividend of Comet Ridge?
For the upcoming 12 months, dividends amounting to 0 AUD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Comet Ridge located?
Comet Ridge is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Comet Ridge kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Comet Ridge from 9/17/2024 amounting to 0 AUD, you needed to have the stock in your portfolio before the ex-date on 9/17/2024.
When did Comet Ridge pay the last dividend?
The last dividend was paid out on 9/17/2024.
What was the dividend of Comet Ridge in the year 2023?
In the year 2023, Comet Ridge distributed 0 AUD as dividends.
In which currency does Comet Ridge pay out the dividend?
The dividends of Comet Ridge are distributed in AUD.
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Andere Kennzahlen von Comet Ridge
Our stock analysis for Comet Ridge Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Comet Ridge Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
