Harmony Debt To Equity from 2010 to 2024

HMY Stock  USD 9.20  0.43  4.47%   
Harmony Gold Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity will likely drop to 0.04 in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.0437779
Current Value
0.0416
Quarterly Volatility
0.08725101
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Harmony Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Harmony Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.9 B, Interest Expense of 835.8 M or Total Revenue of 64.4 B, as well as many indicators such as Price To Sales Ratio of 0.0886, Dividend Yield of 0.26 or PTB Ratio of 0.15. Harmony financial statements analysis is a perfect complement when working with Harmony Gold Valuation or Volatility modules.
  
Check out the analysis of Harmony Gold Correlation against competitors.

Latest Harmony Gold's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Harmony Gold Mining over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Harmony Gold's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Harmony Gold's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.11 %10 Years Trend
Pretty Stable
   Debt To Equity   
       Timeline  

Harmony Debt To Equity Regression Statistics

Arithmetic Mean0.12
Geometric Mean0.1
Coefficient Of Variation71.77
Mean Deviation0.07
Median0.09
Standard Deviation0.09
Sample Variance0.01
Range0.2921
R-Value0.20
Mean Square Error0.01
R-Squared0.04
Significance0.48
Slope0
Total Sum of Squares0.11

Harmony Debt To Equity History

2024 0.0416
2023 0.0438
2022 0.16
2020 0.11
2019 0.33
2018 0.26
2017 0.22

About Harmony Gold Financial Statements

Harmony Gold investors use historical fundamental indicators, such as Harmony Gold's Debt To Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Harmony Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 0.04  0.04 

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Additional Tools for Harmony Stock Analysis

When running Harmony Gold's price analysis, check to measure Harmony Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harmony Gold is operating at the current time. Most of Harmony Gold's value examination focuses on studying past and present price action to predict the probability of Harmony Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Gold's price. Additionally, you may evaluate how the addition of Harmony Gold to your portfolios can decrease your overall portfolio volatility.