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San Lorenzo Gold (San Lorenzo Gold) Debt-to-Equity : 0.41 (As of Dec. 2023)


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What is San Lorenzo Gold Debt-to-Equity?

San Lorenzo Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. San Lorenzo Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.07 Mil. San Lorenzo Gold's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2.61 Mil. San Lorenzo Gold's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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 San Lorenzo Gold's Debt-to-Equity or its related term are showing as below:

SNLGF' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.34   Med: 0.35   Max: 0.49
Current: 0.41

During the past 5 years, the highest Debt-to-Equity Ratio of San Lorenzo Gold was 0.49. The lowest was -11.34. And the median was 0.35.

SNLGF's Debt-to-Equity is ranked worse than
71.03% of 1305 companies
in the Metals & Mining industry
Industry Median: 0.13 vs SNLGF: 0.41

San Lorenzo Gold Debt-to-Equity Historical Data

The historical data trend for San Lorenzo Gold'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.

San Lorenzo Gold Debt-to-Equity Chart

San Lorenzo Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-11.36 0.36 0.49 0.28 0.41

San Lorenzo Gold Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.37 0.28 0.29 0.39 0.41

Competitive Comparison of San Lorenzo Gold's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, San Lorenzo Gold'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.


San Lorenzo Gold's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, San Lorenzo Gold's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where San Lorenzo Gold's Debt-to-Equity falls into.



San Lorenzo Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

San Lorenzo Gold's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

San Lorenzo Gold'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.


San Lorenzo Gold  (OTCPK:SNLGF) 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.


San Lorenzo Gold Debt-to-Equity Related Terms

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


San Lorenzo Gold (San Lorenzo Gold) Business Description

Traded in Other Exchanges
Address
903 - 8th Avenue SW, Suite 700, Calgary, AB, CAN, T2P 0P7
San Lorenzo Gold Corp is engaged in the acquisition and development of mineral properties in Chile.

San Lorenzo Gold (San Lorenzo Gold) Headlines

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