Sibanye Stillwater annual debt-to-equity ratio
2017
2018
2019
2020
2021
2022
2023
2024
2025
Sibanye Stillwater Debt-to-Equity Ratio Growth & History (SBSW)
Sibanye Stillwater's debt-to-equity ratio was 1.11 for fiscal 2025.
View full Sibanye Stillwater company overviewSibanye Stillwater annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.11 | 0.15 | +16.13% |
| 2024 | 2024-12-31 | 0.96 | 0.19 | +25.29% |
| 2023 | 2023-12-31 | 0.76 | 0.50 | +191.82% |
| 2022 | 2022-12-31 | 0.26 | 0.00 | +0.92% |
| 2021 | 2021-12-31 | 0.26 | −0.02 | −5.88% |
| 2020 | 2020-12-31 | 0.28 | −0.54 | −66.12% |
| 2019 · Dec 31 | 2019-12-31 | 0.81 | −0.22 | −21.09% |
| 2018 | 2018-12-31 | 1.03 | −0.04 | −3.70% |
| 2017 | 2017-12-31 | 1.07 | — | — |
Sibanye Stillwater quarterly debt-to-equity ratio
Q4.20
Q4.23
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.70 | −0.37 | −34.49% |
| Q4 2025 | 2025-12-31 | 1.11 | 0.15 | +16.13% |
| Q2 2025 | 2025-06-30 | 1.06 | — | — |
| Q4 2024 | 2024-12-31 | 0.96 | 0.19 | +25.29% |
| Q4 2023 | 2023-12-31 | 0.76 | — | — |
| Q4 2020 | 2020-12-31 | 0.28 | — | — |
Sibanye Stillwater debt-to-equity ratio trends
Over the last five fiscal years, Sibanye Stillwater's debt-to-equity ratio increased from 0.28 to 1.11, a change of 0.84. The latest reported quarter, Q2 2026, shows 0.70.
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 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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