What is the debt of Minrex Resources this year?
Minrex Resources has a debt level of -1.66 AUD this year.
In 2024, Minrex Resources's total debt was -1.66 AUD, a -94.11% change from the -28.25 AUD total debt recorded in the previous year.
Minrex Resources'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.
Analyzing Minrex Resources'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.
Investors pay close attention to Minrex Resources’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.
Shifts in Minrex Resources’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.
Minrex Resources has a debt level of -1.66 AUD this year.
The debt of Minrex Resources has increased by -94.11% compared to the previous year dropped.
High debt can pose a risk for investors of Minrex Resources, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
Low debt means that Minrex Resources has a strong financial position and is able to fulfill its obligations without overburdening its finances.
An increase in debt of Minrex Resources can adversely affect the financial condition of the company and result in a higher burden on its finances.
A reduction in debt of Minrex Resources can strengthen the company's financial position and improve its ability to meet its financial obligations.
Some factors that can influence the debt of Minrex Resources include investments, acquisitions, operating costs, and revenue development.
The debts of Minrex Resources 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.
To change the debt, Minrex Resources 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.
Over the past 12 months, Minrex Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Minrex Resources is expected to pay a dividend of 0 AUD.
The current dividend yield of Minrex Resources is .
Minrex Resources pays a quarterly dividend. This is distributed in the months of .
Minrex Resources paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0 AUD are expected. This corresponds to a dividend yield of 0 %.
Minrex Resources is assigned to the 'Commodities' sector.
To receive the latest dividend of Minrex Resources from 11/1/2024 amounting to 0 AUD, you needed to have the stock in your portfolio before the ex-date on 11/1/2024.
The last dividend was paid out on 11/1/2024.
In the year 2023, Minrex Resources distributed 0 AUD as dividends.
The dividends of Minrex Resources are distributed in AUD.
Our stock analysis for Minrex Resources 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 Minrex Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.