Platinum Group Metals (PLG) Debt Ratio (2015 - 2022)
Platinum Group Metals' Debt Ratio was 0.45 in fiscal Q1 2022 (quarter ended Nov 30, 2021), down 38.4% from 0.73 a year earlier and down 17.0% from the prior quarter.
Platinum Group Metals (PLG) Debt Ratio (2015 - 2022) Analysis & Trends
For FY2021 (ended Aug 31, 2021), Debt Ratio at Platinum Group Metals came in at 0.54, down 44.4% from FY2020.
- In earlier fiscal years, Debt Ratio was 0.98 in FY2020 (+5.8%), 0.92 in FY2019 (-54.3%), 2.02 in FY2018 (+131.8%) and 0.87 in FY2017 (+315.1%).
- The fiscal Q1 2022 figure marks the lowest quarterly Debt Ratio since fiscal Q3 2019.
- Compared with a year earlier, Debt Ratio was higher in two of the last eight quarters, with an average decline of 7.3%.
- The best year-over-year quarter for Debt Ratio over five years was fiscal Q2 2018 (growth of 668.5%); the worst was fiscal Q4 2019 (a decline of 60.5%).
- Per Business Quant data, PLG's Debt Ratio in the three fiscal quarters before Q1 2022 was 0.54 (Q4 2021), 0.55 (Q3 2021) and 0.57 (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 164.02 Bn | 133.06 Bn | - | 0.16 |
| 2 | Southern Copper | 154.49 Bn | 133.28 Bn | 2.90 Bn | 0.33 |
| 3 | Rio Tinto | 135.87 Bn | 96.37 Bn | - | - |
| 4 | Newmont | 115.72 Bn | 80.86 Bn | 4.22 Bn | 0.09 |
| 5 | Freeport-Mcmoran | 93.79 Bn | 77.83 Bn | 2.19 Bn | 0.16 |
| 6 | Agnico Eagle Mines | 88.25 Bn | 77.88 Bn | 2.43 Bn | 0.01 |
| 7 | Barrick Mining | 65.26 Bn | 40.46 Bn | 2.90 Bn | 0.09 |
| 8 | Nucor | 58.78 Bn | 48.16 Bn | 2.03 Bn | 0.19 |
| 9 | ArcelorMittal | 45.28 Bn | 24.30 Bn | - | 0.16 |
| 10 | Platinum Group Metals | 112.29 Mn | -7.27 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2022 | 0.37 |
| May 31, 2022 | 0.34 |
| Feb 28, 2022 | 0.37 |
| Nov 30, 2021 | 0.53 |
| Aug 31, 2021 | 0.37 |
| May 31, 2021 | 0.78 |
| Feb 28, 2021 | 0.84 |
| Nov 30, 2020 | 0.39 |
| Aug 31, 2020 | 0.98 |
| May 31, 2020 | 1.01 |
| Feb 29, 2020 | 0.49 |
| Nov 30, 2019 | 0.87 |
| Aug 31, 2019 | 1.29 |
| May 31, 2019 | 1.12 |
| Feb 28, 2019 | 1.05 |
| Aug 31, 2018 | 1.37 |
| May 31, 2018 | 0.90 |
| Aug 31, 2017 | 0.61 |
| May 31, 2017 | 0.18 |
| Feb 28, 2017 | 0.13 |
Platinum Group Metals Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=PLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "PLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=PLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();