Jade Leader (Jade Leader) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is Jade Leader Debt-to-Equity?

Jade Leader's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.03 Mil. Jade Leader's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.02 Mil. Jade Leader's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.83 Mil. Jade Leader's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Jade Leader's Debt-to-Equity or its related term are showing as below:

MCKRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.06 Max: 0.06
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Jade Leader was 0.06. The lowest was 0.06. And the median was 0.06.

MCKRF's Debt-to-Equity is ranked better than
63.64% of 1301 companies
in the Metals & Mining industry
Industry Median: 0.13 vs MCKRF: 0.06

Jade Leader Debt-to-Equity Historical Data

The historical data trend for Jade Leader'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.

Jade Leader Debt-to-Equity Chart

Jade Leader Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.06

Jade Leader Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	0.06	0.06	0.06

Competitive Comparison of Jade Leader's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Jade Leader'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.

Jade Leader's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Jade Leader Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jade Leader'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
	=	(0.028	+	0.028)	/	0.884
	=	0.06

Jade Leader'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
	=	(0.033	+	0.017)	/	0.833
	=	0.06

Jade Leader (OTCPK:MCKRF) 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.

Jade Leader Debt-to-Equity Related Terms

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Jade Leader (Jade Leader) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jade Leader Corp (OTCPK:MCKRF) » Definitions » Debt-to-Equity

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JADE:Canada

Address

808 - 4th Avenue Southwest, Suite 815, Calgary, AB, CAN, T2P 3E8

Website

https://www.jadeleader.ca

Jade Leader Corp is engaged in the business of mineral exploration and development in Canada and the USA. The company operates through its projects which include DJ jade project, Keithly Mountain, Tell Project, and Wyoming Jade Fields.