South32 annual debt-to-equity ratio
2021
2022
2023
2024
2025
2026
South32 Debt-to-Equity Ratio Growth & History (S32)
South32's debt-to-equity ratio was 0.19 for fiscal 2026.
View full South32 company overviewSouth32 annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-06-30 | 0.19 | 0.01 | +3.30% |
| 2025 | 2025-06-30 | 0.18 | 0.01 | +5.70% |
| 2024 | 2024-06-30 | 0.17 | −0.01 | −5.88% |
| 2023 | 2023-06-30 | 0.19 | 0.02 | +9.56% |
| 2022 | 2022-06-30 | 0.17 | 0.03 | +25.74% |
| 2021 | 2021-06-30 | 0.13 | — | — |
South32 quarterly debt-to-equity ratio
Q2.25
Q4.25
Q2.26
Q4.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | 0.19 | 0.01 | +3.30% |
| Q2 2026 | 2025-12-31 | 0.18 | 0.00 | +1.67% |
| Q4 2025 | 2025-06-30 | 0.18 | — | — |
| Q2 2025 | 2024-12-31 | 0.18 | — | — |
South32 debt-to-equity ratio trends
Over the last five fiscal years, South32's debt-to-equity ratio increased from 0.13 to 0.19, a change of 0.06. The latest reported quarter, Q4 2026, shows 0.19.
About the metric
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.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by 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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