Jaguar Mining (TSX:JAG) Debt-to-Equity : 0.02 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Jaguar Mining Debt-to-Equity?

Jaguar Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$6.1 Mil. Jaguar Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.7 Mil. Jaguar Mining's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$329.1 Mil. Jaguar Mining's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Jaguar Mining's Debt-to-Equity or its related term are showing as below:

TSX:JAG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.07 Max: 1.72
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Jaguar Mining was 1.72. The lowest was 0.02. And the median was 0.07.

TSX:JAG's Debt-to-Equity is ranked better than
82.89% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSX:JAG: 0.02

Jaguar Mining Debt-to-Equity Historical Data

The historical data trend for Jaguar Mining'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.

Jaguar Mining Debt-to-Equity Chart

Jaguar Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.07

0.03

0.02

Jaguar Mining Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.03	0.02	0.02

Competitive Comparison of Jaguar Mining's Debt-to-Equity

For the Gold subindustry, Jaguar Mining'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.

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

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

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

Jaguar Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jaguar Mining'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
	=	(7.041	+	0.794)	/	322.35
	=	0.02

Jaguar Mining's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(6.116	+	0.743)	/	329.072
	=	0.02

Jaguar Mining (TSX:JAG) 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.

Jaguar Mining Debt-to-Equity Related Terms

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

Jaguar Mining (TSX:JAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jaguar Mining Inc (TSX:JAG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JAGGF:USA 32JP:Germany

Address

100 King Street West, First Canadian Place, Suite 5600, 56th Floor, Toronto, ON, CAN, M5X 1C9

Website

https://www.jaguarmining.com

Jaguar Mining Inc is a junior gold mining company. The company is engaged in the acquisition, exploration, development, and operation of gold-producing properties in Brazil. Its principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the Turmalina Gold Mine Complex and Caete Gold Mine Complex (Pilar and Roca Grande mines, and Caete Plant) which combined, produce more than 95,000 ounces of gold annually. The company also owns the Paciencia Gold Mine Complex.

Executives