GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Patterson Metals Corp (TSXV:PAT) » Definitions » Debt-to-Equity

Patterson Metals (TSXV:PAT) Debt-to-Equity : 0.00 (As of Jul. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Patterson Metals Debt-to-Equity?

Patterson Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was C$0.00 Mil. Patterson Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was C$0.00 Mil. Patterson Metals's Total Stockholders Equity for the quarter that ended in Jul. 2024 was C$1.14 Mil. Patterson Metals's debt to equity for the quarter that ended in Jul. 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 Patterson Metals's Debt-to-Equity or its related term are showing as below:

During the past 12 years, the highest Debt-to-Equity Ratio of Patterson Metals was 0.07. The lowest was -2.78. And the median was -0.63.

TSXV:PAT's Debt-to-Equity is not ranked *
in the Other Energy Sources industry.
Industry Median: 0.195
* Ranked among companies with meaningful Debt-to-Equity only.

Patterson Metals Debt-to-Equity Historical Data

The historical data trend for Patterson Metals'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.

Patterson Metals Debt-to-Equity Chart

Patterson Metals Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Patterson Metals Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 - - - - -

Competitive Comparison of Patterson Metals's Debt-to-Equity

For the Uranium subindustry, Patterson Metals'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.


Patterson Metals's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Patterson Metals's Debt-to-Equity distribution charts can be found below:

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



Patterson Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Patterson Metals's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Patterson Metals's Debt to Equity Ratio for the quarter that ended in Jul. 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.


Patterson Metals  (TSXV:PAT) 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.


Patterson Metals Debt-to-Equity Related Terms

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


Patterson Metals Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Patterson Metals Corp formerly Trench Metals Corp is engaged in the business of exploration and mining metals. The projects of the company include The Higginson Lake Uranium Project, The Spreckley Lake Uranium Project, and The Carter Lake Uranium Project.

Patterson Metals Headlines

No Headlines