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Cerro De Pasco Resources (Cerro De Pasco Resources) Debt-to-Equity : -0.11 (As of Sep. 2023)


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What is Cerro De Pasco Resources Debt-to-Equity?

Cerro De Pasco Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.99 Mil. Cerro De Pasco Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.21 Mil. Cerro De Pasco Resources's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-37.05 Mil. Cerro De Pasco Resources's debt to equity for the quarter that ended in Sep. 2023 was -0.11.

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 Cerro De Pasco Resources's Debt-to-Equity or its related term are showing as below:

GPPRF' s Debt-to-Equity Range Over the Past 10 Years
Min: -38.2   Med: 0   Max: 2.39
Current: -0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Cerro De Pasco Resources was 2.39. The lowest was -38.20. And the median was 0.00.

GPPRF's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs GPPRF: -0.11

Cerro De Pasco Resources Debt-to-Equity Historical Data

The historical data trend for Cerro De Pasco Resources'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.

Cerro De Pasco Resources Debt-to-Equity Chart

Cerro De Pasco Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.14 -0.91 2.39 -0.16

Cerro De Pasco Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.39 -0.16 -0.09 -0.05 -0.11

Competitive Comparison of Cerro De Pasco Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Cerro De Pasco Resources'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.


Cerro De Pasco Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cerro De Pasco Resources's Debt-to-Equity falls into.



Cerro De Pasco Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cerro De Pasco Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Cerro De Pasco Resources's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Cerro De Pasco Resources  (OTCPK:GPPRF) 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.


Cerro De Pasco Resources Debt-to-Equity Related Terms

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Cerro De Pasco Resources (Cerro De Pasco Resources) Business Description

Traded in Other Exchanges
Address
22, rue Lafleur Nord, Bureau 203, Saint-Sauveur, QC, CAN, J0R 1R0
Cerro De Pasco Resources Inc is engaged in acquiring and exploring mineral properties. It treats and reprocesses all dumps, tailings, mining waste, and material resources in the Cerro de Pasco Region in Peru. Its projects include the Quiulacocha tailings and Excelsior Stockpile.

Cerro De Pasco Resources (Cerro De Pasco Resources) Headlines

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