Gold Reserve (STU:GODA) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Gold Reserve Debt-to-Equity?

Gold Reserve's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Gold Reserve's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Gold Reserve's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €26.20 Mil. Gold Reserve's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Gold Reserve's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Gold Reserve was 15.62. The lowest was -2.00. And the median was 0.00.

STU:GODA'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.

Gold Reserve Debt-to-Equity Historical Data

The historical data trend for Gold Reserve'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.

Gold Reserve Debt-to-Equity Chart

Gold Reserve Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Gold Reserve 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															-	-	-	-	-

Competitive Comparison of Gold Reserve's Debt-to-Equity

For the Gold subindustry, Gold Reserve'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.

Gold Reserve's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Gold Reserve Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gold Reserve's Debt to Equity Ratio for the fiscal year 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	+	0)	/	26.203
	=	0.00

Gold Reserve'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	+	0)	/	26.203
	=	0.00

Gold Reserve (STU:GODA) 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.

Gold Reserve Debt-to-Equity Related Terms

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

Gold Reserve (STU:GODA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Reserve Inc (STU:GODA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GDRZF:USA GODA:Germany GRZ:Canada

Address

999 West Riverside Avenue, Suite 401, Spokane, WA, USA, 99201

Website

https://www.goldreserveinc.com

Gold Reserve Inc, along with its subsidiaries, is engaged in the business of acquiring, exploring, and developing mining projects. Its primary business activities have been the collection of the remaining amounts owed to the company by Venezuela and, the advancement of the Siembra Minera Project. . Siembra Minera project was granted certain gold, copper, silver, and other strategic mineral rights.

Gold Reserve (STU:GODA) Headlines

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