Discovery Lithium (STU:Q3Q0) Debt-to-Equity : 0.00 (As of Jan. 2024)

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What is Discovery Lithium Debt-to-Equity?

Discovery Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €0.00 Mil. Discovery Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €0.00 Mil. Discovery Lithium's Total Stockholders Equity for the quarter that ended in Jan. 2024 was €7.74 Mil. Discovery Lithium's debt to equity for the quarter that ended in Jan. 2024 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 Discovery Lithium's Debt-to-Equity or its related term are showing as below:

During the past 3 years, the highest Debt-to-Equity Ratio of Discovery Lithium was 0.01. The lowest was 0.01. And the median was 0.01.

STU:Q3Q0'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.

Discovery Lithium Debt-to-Equity Historical Data

The historical data trend for Discovery Lithium'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.

Discovery Lithium Debt-to-Equity Chart

Discovery Lithium Annual Data

Trend

Jan22

Jan23

Jan24

Debt-to-Equity

0.01

Discovery Lithium Quarterly Data
	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial			0.01	-	-	-	-

Competitive Comparison of Discovery Lithium's Debt-to-Equity

For the Gold subindustry, Discovery Lithium'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.

Discovery Lithium's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Discovery Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Discovery Lithium's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 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)	/	7.74
	=	0.00

Discovery Lithium's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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)	/	7.74
	=	0.00

Discovery Lithium (STU:Q3Q0) 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.

Discovery Lithium Debt-to-Equity Related Terms

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

Discovery Lithium (STU:Q3Q0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Discovery Lithium Inc (STU:Q3Q0) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DCLIF:USA Q3Q0:Germany DCLI:Canada

Address

1110 Hamilton Strett, Suite 306, Vancouver, BC, CAN, V6B 2S2

Website

ISM Resources Corp is a junior exploration company engaged in the exploration and development of the ESN Property, Koster Dam Property, and Quet Gold Ridge and Fire Creek Property. It is engaged in the business of gold mineral exploration.

Discovery Lithium (STU:Q3Q0) Headlines

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