ValOre Metals (ValOre Metals) Debt-to-Equity : 0.01 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is ValOre Metals Debt-to-Equity?

ValOre Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.04 Mil. ValOre Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. ValOre Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6.25 Mil. ValOre Metals's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 ValOre Metals's Debt-to-Equity or its related term are showing as below:

KVLQF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.32
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of ValOre Metals was 0.32. The lowest was 0.01. And the median was 0.10.

KVLQF's Debt-to-Equity is ranked better than
99.21% of 126 companies
in the Other Energy Sources industry
Industry Median: 0.215 vs KVLQF: 0.01

ValOre Metals Debt-to-Equity Historical Data

The historical data trend for ValOre Metals'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.

ValOre Metals Debt-to-Equity Chart

ValOre Metals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

0.16

0.07

ValOre Metals Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.13	0.15	-	0.01

Competitive Comparison of ValOre Metals's Debt-to-Equity

For the Uranium subindustry, ValOre Metals'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.

ValOre Metals's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, ValOre Metals's Debt-to-Equity distribution charts can be found below:

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

ValOre Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ValOre Metals's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 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
	=	(0	+	0)	/	6.82
	=	0.00

ValOre Metals's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(0.037	+	0)	/	6.246
	=	0.01

ValOre Metals (OTCPK:KVLQF) 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.

ValOre Metals Debt-to-Equity Related Terms

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

ValOre Metals (ValOre Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » ValOre Metals Corp (OTCPK:KVLQF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KEQ0:Germany VO:Canada

Address

800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6

Website

https://www.valoremetals.com

ValOre Metals Corp is a Canadian-based exploration-stage company. It focuses on the acquisition, exploration, and development of mineral resources. Pedra Branca, Angilak, Baffin Gold, Genesis and Hatchet Lake are some of the assets that the company possesses. It has two geographical segments that include Canada and Brazil.