Orecap Invest (TSXV:OCI) Debt-to-Equity : 0.00 (As of Jan. 2024)

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What is Orecap Invest Debt-to-Equity?

Orecap Invest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Orecap Invest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Orecap Invest's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$8.66 Mil. Orecap Invest'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 Orecap Invest's Debt-to-Equity or its related term are showing as below:

TSXV:OCI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.03
Current: 0.01

During the past 12 years, the highest Debt-to-Equity Ratio of Orecap Invest was 0.03. The lowest was 0.01. And the median was 0.03.

TSXV:OCI's Debt-to-Equity is ranked better than
99.92% of 1302 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:OCI: 0.01

Orecap Invest Debt-to-Equity Historical Data

The historical data trend for Orecap Invest'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.

Orecap Invest Debt-to-Equity Chart

Orecap Invest Annual Data

Trend

Jul14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.01

Orecap Invest 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															-	-	-	0.01	-

Competitive Comparison of Orecap Invest's Debt-to-Equity

For the Gold subindustry, Orecap Invest'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.

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

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

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

Orecap Invest Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Orecap Invest's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(0.04	+	0)	/	3.596
	=	0.01

Orecap Invest'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)	/	8.661
	=	0.00

Orecap Invest (TSXV:OCI) 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.

Orecap Invest Debt-to-Equity Related Terms

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

Orecap Invest (TSXV:OCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orecap Invest Corp (TSXV:OCI) » Definitions » Debt-to-Equity

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ORFDF:USA

Address

55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7

Website

https://www.orefinders.ca

Orecap Invest Corp, formerly Orefinders Resources Inc is a Canadian-based junior gold exploration company. It is engaged in the exploration and development of exploration and evaluation assets in Canada. The company operates in several projects including Mirado, McGarry, and Knight among others.

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