Adamant Dri Processing & Minerals Group Debt-to-Assets Ratio Growth & History (ADMG)

Adamant Dri Processing & Minerals Group's debt-to-assets ratio was 7.25 for fiscal 2022.

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Adamant Dri Processing & Minerals Group annual debt-to-assets ratio history

Adamant Dri Processing & Minerals Group annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20222022-12-317.25
20162016-12-310.000.00+6.90%
20152015-12-310.000.00+16.45%
20142014-12-310.00−0.01−70.70%
20132013-12-310.01

Adamant Dri Processing & Minerals Group debt-to-assets ratio trends

Between the periods ended 2013-12-31 and 2022-12-31, Adamant Dri Processing & Minerals Group's debt-to-assets ratio increased from 0.01 to 7.25, a change of 7.23. The latest reported quarter, Q3 2023, shows 0.13.

About the metric

What the debt-to-assets ratio means

The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.

Calculation and source

How debt-to-assets is calculated

TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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