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CanAlaska Uranium (TSXV:CVV) Debt-to-Equity : 0.05 (As of Jan. 2024)


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What is CanAlaska Uranium Debt-to-Equity?

CanAlaska Uranium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.10 Mil. CanAlaska Uranium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.69 Mil. CanAlaska Uranium's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$15.99 Mil. CanAlaska Uranium's debt to equity for the quarter that ended in Jan. 2024 was 0.05.

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 CanAlaska Uranium's Debt-to-Equity or its related term are showing as below:

TSXV:CVV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.09
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of CanAlaska Uranium was 0.09. The lowest was 0.02. And the median was 0.05.

TSXV:CVV's Debt-to-Equity is ranked better than
66.62% of 1300 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:CVV: 0.05

CanAlaska Uranium Debt-to-Equity Historical Data

The historical data trend for CanAlaska Uranium'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.

CanAlaska Uranium Debt-to-Equity Chart

CanAlaska Uranium Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.02 0.07

CanAlaska Uranium 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 0.05 0.07 0.07 0.09 0.05

Competitive Comparison of CanAlaska Uranium's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, CanAlaska Uranium'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.


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

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

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



CanAlaska Uranium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CanAlaska Uranium's Debt to Equity Ratio for the fiscal year that ended in Apr. 2023 is calculated as

CanAlaska Uranium'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.


CanAlaska Uranium  (TSXV:CVV) 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.


CanAlaska Uranium Debt-to-Equity Related Terms

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


CanAlaska Uranium (TSXV:CVV) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6
CanAlaska Uranium Ltd is engaged in the exploration of uranium, nickel, and diamond properties. Its project portfolio includes West McArthur, Cree East, NW Manitoba, Athabasca Diamond, Waterbury, Moon, Collins Bay Extension, Mouse Mountain Cu-Au, Patterson, McTavish, Key Lake, Thompson Nickel Belt, Kasmere, and Ruttan area Cu-Zn Project. The Company's operations comprise a single operating segment engaged in mineral exploration in Canada.
Executives
Cory Lane Belyk Director, Senior Officer