Lynas Rare Earths Limited

ASX LYC.AX

Lynas Rare Earths Limited Debt to Equity Ratio for the year ending June 30, 2024: 0.08

Lynas Rare Earths Limited Debt to Equity Ratio is 0.08 for the year ending June 30, 2024, a -6.77% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Lynas Rare Earths Limited Debt to Equity Ratio for the year ending June 30, 2023 was 0.09, a -23.98% change year over year.
Lynas Rare Earths Limited Debt to Equity Ratio for the year ending June 30, 2022 was 0.12, a -27.60% change year over year.
Lynas Rare Earths Limited Debt to Equity Ratio for the year ending June 30, 2021 was 0.16, a -58.97% change year over year.
Lynas Rare Earths Limited Debt to Equity Ratio for the year ending June 30, 2020 was 0.39, a 9.82% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

ASX: LYC.AX

Lynas Rare Earths Limited

CEO	Ms. Amanda M. Lacaze ATCL, B.A., M.A.I.C.D.
IPO Date	June 10, 1999
Location	Australia
Headquarters	45 Royal Street
Employees	270
Sector	Materials
Industries Gold Coal Copper Diamonds Lithium Metals Mining Petrochemicals

Description

Lynas Rare Earths Limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals primarily in Australia and Malaysia. The company holds an interest in the Mount Weld project, Western Australia. Its products include yttrium, lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium. The company also develops and operates advanced material processing and concentration plants. In addition, it offers corporate services. The company was formerly known as Lynas Corporation Limited and changed its name to Lynas Corporation Limited in November 2020. Lynas Rare Earths Limited was incorporated in 1983 and is headquartered in East Perth, Australia.

Key trends

Past 5 years