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Lode-Star Mining (Lode-Star Mining) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Lode-Star Mining Debt-to-Equity?

Lode-Star Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Lode-Star Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Lode-Star Mining's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.09 Mil. Lode-Star Mining's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Lode-Star Mining's Debt-to-Equity or its related term are showing as below:

LSMG' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.74   Med: -0.14   Max: 0
Current: -0.74

LSMG's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs LSMG: -0.74

Lode-Star Mining Debt-to-Equity Historical Data

The historical data trend for Lode-Star Mining's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lode-Star Mining Debt-to-Equity Chart

Lode-Star Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.70 -0.18 - -

Lode-Star Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -1.27 -1.00 -0.99 -

Competitive Comparison of Lode-Star Mining's Debt-to-Equity

For the Shell Companies subindustry, Lode-Star Mining's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lode-Star Mining's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lode-Star Mining's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lode-Star Mining's Debt-to-Equity falls into.



Lode-Star Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lode-Star Mining's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Lode-Star Mining's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lode-Star Mining  (OTCPK:LSMG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Lode-Star Mining Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Lode-Star Mining's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Lode-Star Mining (Lode-Star Mining) Business Description

Traded in Other Exchanges
N/A
Address
1 East Liberty Street, Suite 600, Reno, NV, USA, 89501
Lode-Star Mining Inc is a United States-based company was originally formed to acquire exploration stage natural resource properties.
Executives
Sapir Pharmaceuticals Inc. other: Acquisition 9 SHENANDOAH DRIVE, LAKEWOOD NJ 08701
Thomas Temkin director, officer: Chief Operating Officer 3487 TILLAMOOK CT, RENO NV 89509
Mark Walmesley director, officer: CFO and Treasurer 906 - 150 24TH STREET, WEST VANCOUVER A1 V7V 4G8
Lonnie Kwa-humphries 10 percent owner 17213 BENDING OAK CT., CYPRESS TX 77429
Robert M Baker director, 10 percent owner, officer: PRES/CEO/CFO/Secretary 600-666 BURRARD STREET, VANCOUVER A1 V6C3P6
West Peak Ventures Of Canada Ltd 10 percent owner 885 PYRFORD ROAD, WEST VANCOUVER A1 V7S A2A