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Battle North Gold (Battle North Gold) Debt-to-Equity : 0.02 (As of Mar. 2021)


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What is Battle North Gold Debt-to-Equity?

Battle North Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $0.70 Mil. Battle North Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $0.08 Mil. Battle North Gold's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $37.10 Mil. Battle North Gold's debt to equity for the quarter that ended in Mar. 2021 was 0.02.

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

BNAUF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.55   Med: 0.17   Max: 1.99
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Battle North Gold was 1.99. The lowest was -0.55. And the median was 0.17.

BNAUF's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs BNAUF: 0.02

Battle North Gold Debt-to-Equity Historical Data

The historical data trend for Battle North 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.

Battle North Gold Debt-to-Equity Chart

Battle North Gold Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.51 0.79 1.04 0.01

Battle North Gold Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.91 1.43 0.24 0.01 0.02

Competitive Comparison of Battle North Gold's Debt-to-Equity

For the Gold subindustry, Battle North 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.


Battle North Gold's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Battle North Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Battle North Gold's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Battle North Gold's Debt to Equity Ratio for the quarter that ended in Mar. 2021 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.


Battle North Gold  (OTCPK:BNAUF) 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.


Battle North Gold Debt-to-Equity Related Terms

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


Battle North Gold (Battle North Gold) Business Description

Traded in Other Exchanges
N/A
Address
121 King Street West, Suite 830, Toronto, ON, CAN, M5H 3T9
Battle North Gold Corp is an exploration company focused on gold mining. The company's projects include Bateman Gold Project, Red Lake Properties, Nevada Properties, and others.
Executives
Robert Ross Mcewen other: See Footnote (1) 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Lexam Explorations (u.s.a.) Inc. other: See Footnote (1) below 99 GEORGE 3RD FLOOR TORONTO A6 M5A 2N4
Evanachan Ltd 10 percent owner, other: See Footnote (1) 99 GEORGE ST. 3RD FLOOR TORONTO A6 M5A 2N4
Mcewen Trading Lp other: See Footnote (1) 99 GEORGE ST. 3RD FLOOR TORONTO A6 M5A 2N4