Harmony Gold Mining Debt-to-Equity Ratio Growth & History (HMY)
Harmony Gold Mining's debt-to-equity ratio was 0.05 for fiscal 2025.
View full Harmony Gold Mining company overviewHarmony Gold Mining annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 · Jun 30 | 2025-06-30 | 0.05 | −0.01 | −12.20% |
| 2024 · Jun 30 | 2024-06-30 | 0.06 | −0.12 | −68.48% |
| 2023 · Jun 30 | 2023-06-30 | 0.18 | 0.06 | +47.42% |
| 2022 · Jun 30 | 2022-06-30 | 0.12 | 0.01 | +4.45% |
| 2021 · Jun 30 | 2021-06-30 | 0.12 | −0.22 | −65.43% |
| 2020 | 2020-06-30 | 0.34 | 0.07 | +28.56% |
| 2019 | 2019-06-30 | 0.26 | 0.04 | +18.26% |
| 2018 | 2018-06-30 | 0.22 | — | — |
Harmony Gold Mining quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2025-12-31 | 0.25 | 0.20 | +438.97% |
| Q4 2025 · Jun 30 | 2025-06-30 | 0.05 | −0.01 | −12.20% |
| Q2 2025 | 2024-12-31 | 0.05 | — | — |
| Q4 2024 | 2024-06-30 | 0.06 | −0.12 | −68.48% |
| Q4 2023 · Jun 30 | 2023-06-30 | 0.18 | 0.06 | +47.42% |
| Q4 2022 | 2022-06-30 | 0.12 | 0.01 | +4.45% |
| Q4 2021 · Jun 30 | 2021-06-30 | 0.12 | −0.22 | −65.43% |
| Q4 2020 | 2020-06-30 | 0.34 | 0.07 | +28.56% |
| Q4 2019 | 2019-06-30 | 0.26 | 0.04 | +18.26% |
| Q4 2018 | 2018-06-30 | 0.22 | — | — |
Harmony Gold Mining debt-to-equity ratio trends
Over the last five fiscal years, Harmony Gold Mining's debt-to-equity ratio decreased from 0.34 to 0.05, a change of −0.29. The latest reported quarter, Q2 2026, shows 0.25.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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