Base Resources

Base Resources Net Debt/Equity

Delisted

The Net Debt to Equity Ratio of Base Resources (BSE.AX) as of Oct 31, 2026 is -0.34. In the previous year, Net Debt to Equity Ratio was -0.32 — a change of 6.37% (lower).

Net Debt/Equity

-0.34

YoY

6.37%

Last updated:

Net Debt to Equity Ratio of Base Resources is 2024 -0.34 . Net Debt to Equity Ratio of Base Resources was 2023 -0.32 . It decreases by 6.37% lower compared to the previous year.

The Base Resources Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2017
0.66 USD
Jan 1, 2018
0.21 USD
Jan 1, 2019
-0.06 USD
Jan 1, 2020
-0.24 USD
Jan 1, 2021
-0.20 USD
Jan 1, 2022
-0.17 USD
Jan 1, 2023
-0.32 USD
Jan 1, 2024
-0.34 USD
The Base Resources Net Debt/Equity history
YEARNet Debt/EquityYoY
-0.34+6.37%
-0.32+93.79%
-0.17-18.08%
-0.20-16.80%
-0.24+284.79%
-0.06-130.14%
0.21-68.13%
0.66-35.50%
1.02—

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Base Resources Stock analysis

What does Base Resources do? Base Resources Ltd generates revenue primarily through the sale of mineral sands products from its Kwale Operation in Kenya, which produces rutile, ilmenite, and zircon. The Kwale Operation, fully owned by the company, exports these minerals via its Likoni Port facility inside Mombasa Port to international customers. The Toliara Project in Madagascar, focused on high-grade ilmenite-rich Ranobe deposit, is under development and contributes to the company's future revenue streams. The company's segments are structured around Kwale Operation, Toliara Project, and Other, with Kwale being the current operational focus. The Kwale Operation's high-grade ore body, rich in rutile, allows for the production of premium mineral sands products that are shipped to global markets. Customers purchase these minerals for industrial applications, including titanium dioxide production. The Toliara Project aims to become a significant source of ilmenite, supporting the company's long-term growth strategy. Base Resources Ltd's business model relies on the extraction and export of these mineral sands, with Kwale currently driving the majority of sales. The company's revenue is derived from the sale of rutile, ilmenite, and zircon, with Kwale Operation being the primary source. The Toliara Project, while not yet operational, is positioned to contribute to future revenue once development is complete. The segments Kwale Operation and Toliara Project represent the core of the company's business, with Kwale currently generating income through its established mining and export infrastructure. Base Resources is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Base Resources stock

Net Debt to Equity Ratio of Base Resources is -0.34 in 2024.

Net Debt to Equity Ratio of Base Resources changed from -0.32 to -0.34, representing a 6.37% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio Base Resources since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's Base Resources with sector peers and the industry average to assess whether it is attractive.

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Leverage — Base Resources

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