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Arcus Development Group (TSXV:ADG.H) Debt-to-Equity : -0.97 (As of Jan. 2024)


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What is Arcus Development Group Debt-to-Equity?

Arcus Development Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.10 Mil. Arcus Development Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Arcus Development Group's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$-0.10 Mil. Arcus Development Group's debt to equity for the quarter that ended in Jan. 2024 was -0.97.

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 Arcus Development Group's Debt-to-Equity or its related term are showing as below:

TSXV:ADG.H' s Debt-to-Equity Range Over the Past 10 Years
Min: -3   Med: -0.88   Max: 0.69
Current: -0.97

During the past 13 years, the highest Debt-to-Equity Ratio of Arcus Development Group was 0.69. The lowest was -3.00. And the median was -0.88.

TSXV:ADG.H's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs TSXV:ADG.H: -0.97

Arcus Development Group Debt-to-Equity Historical Data

The historical data trend for Arcus Development Group'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.

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Arcus Development Group Debt-to-Equity Chart

Arcus Development Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.88 -0.98 0.35 -

Arcus Development Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.54 - - -0.97

Competitive Comparison of Arcus Development Group's Debt-to-Equity

For the Gold subindustry, Arcus Development Group'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.


Arcus Development Group's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Arcus Development Group's Debt-to-Equity falls into.



Arcus Development Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arcus Development Group's Debt to Equity Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Arcus Development Group's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

* 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.


Arcus Development Group  (TSXV:ADG.H) 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.


Arcus Development Group Debt-to-Equity Related Terms

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Arcus Development Group (TSXV:ADG.H) Business Description

Traded in Other Exchanges
Address
905 West Pender Street, Suite 402, Vancouver, BC, CAN, V6C 1L6
Arcus Development Group Inc is a mineral exploration company. The company pursues and develops property interests considered to be sites of potential economic mineralization. The company's project portfolio includes Touleary.

Arcus Development Group (TSXV:ADG.H) Headlines

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