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ESXMF (Optegra Ventures) Debt-to-Equity : 0.26 (As of Jun. 2024)


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What is Optegra Ventures Debt-to-Equity?

Optegra Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.10 Mil. Optegra Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Optegra Ventures's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $0.39 Mil. Optegra Ventures's debt to equity for the quarter that ended in Jun. 2024 was 0.26.

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 Optegra Ventures's Debt-to-Equity or its related term are showing as below:

ESXMF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.39   Med: 0.12   Max: 0.26
Current: 0.26

During the past 9 years, the highest Debt-to-Equity Ratio of Optegra Ventures was 0.26. The lowest was -0.39. And the median was 0.12.

ESXMF's Debt-to-Equity is ranked worse than
62.19% of 1280 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ESXMF: 0.26

Optegra Ventures Debt-to-Equity Historical Data

The historical data trend for Optegra Ventures'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.

Optegra Ventures Debt-to-Equity Chart

Optegra Ventures Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only -0.39 - - - -

Optegra Ventures Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - 0.12 0.16 0.26

Competitive Comparison of Optegra Ventures's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Optegra Ventures'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.


Optegra Ventures's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Optegra Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Optegra Ventures's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Optegra Ventures's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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.


Optegra Ventures  (OTCPK:ESXMF) 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.


Optegra Ventures Debt-to-Equity Related Terms

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


Optegra Ventures Business Description

Traded in Other Exchanges
Address
3002 - 1211 Melville Street, Vancouver, BC, CAN, V6E 0A7
Optegra Ventures Inc is a Canada-based company. The Company's principal business activity is the exploration of mineral properties. The Company operates in a single reportable segment exploration and evaluation business in two geographical area, Canada and Australia. Its projects includes Australian Projects, Compass Creek, Mount Turner, and Cumberland. Company generates majority of the revenue from Canada.

Optegra Ventures Headlines

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