Discovery Minerals (Discovery Minerals) Debt-to-Equity : 0.00 (As of . 20)

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What is Discovery Minerals Debt-to-Equity?

Discovery Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Discovery Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Discovery Minerals's Total Stockholders Equity for the quarter that ended in . 20 was $0.00 Mil.

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 Discovery Minerals's Debt-to-Equity or its related term are showing as below:

DSCR's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Discovery Minerals Debt-to-Equity Historical Data

The historical data trend for Discovery Minerals'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.

Discovery Minerals Debt-to-Equity Chart

Discovery Minerals Annual Data

Trend

Debt-to-Equity

Discovery Minerals Quarterly Data

Debt-to-Equity

Competitive Comparison of Discovery Minerals's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Discovery Minerals'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.

Discovery Minerals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Discovery Minerals's Debt-to-Equity falls into.

Discovery Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Discovery Minerals's Debt to Equity Ratio for the fiscal year that ended in . 20 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(	+	)	/	N/A
	=	N/A

Discovery Minerals's Debt to Equity Ratio for the quarter that ended in . 20 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(	+	)	/
	=	N/A

Discovery Minerals (OTCPK:DSCR) 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.

Discovery Minerals Debt-to-Equity Related Terms

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Discovery Minerals (Discovery Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Discovery Minerals Ltd (OTCPK:DSCR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

429 W. Plumb Lane, Reno, NV, USA, 89509

Website

https://www.discoveryminerals.com

Discovery Minerals Ltd is a United States-based acquisition and development company. The company targets natural resource properties through its subsidiaries. The properties fall within two primary channels, precious metals such as gold, silver, and precious metals, and industrial hemp.