Tertiary Minerals (Tertiary Minerals) Debt-to-Equity : 0.00 (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Tertiary Minerals Debt-to-Equity?

Tertiary Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Tertiary Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Tertiary Minerals's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $0.98 Mil. Tertiary Minerals's debt to equity for the quarter that ended in Sep. 2023 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 Tertiary Minerals's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Tertiary Minerals was 0.52. The lowest was 0.52. And the median was 0.52.

TTIRF's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Tertiary Minerals Debt-to-Equity Historical Data

The historical data trend for Tertiary Minerals'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.

Tertiary Minerals Debt-to-Equity Chart

Tertiary Minerals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

0.52

Tertiary Minerals Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Tertiary Minerals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Tertiary Minerals'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.

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

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

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

Tertiary Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tertiary Minerals's Debt to Equity Ratio for the fiscal year that ended in Sep. 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	+	0)	/	0.984
	=	0.00

Tertiary Minerals's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	0)	/	0.984
	=	0.00

Tertiary Minerals (OTCPK:TTIRF) 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.

Tertiary Minerals Debt-to-Equity Related Terms

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

Tertiary Minerals (Tertiary Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tertiary Minerals PLC (OTCPK:TTIRF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TYM:UK TMU:Germany

Address

Queens Avenue, Silk Point, Macclesfield, Cheshire, GBR, SK10 2BB

Website

https://www.tertiaryminerals.com

Tertiary Minerals PLC is involved in the identification, acquisition, exploration and development of mineral deposits including precious metals, base metals, and industrial minerals in Nevada, the USA, and Northern Europe. The company has one reporting segment, the management of exploration projects, which is supported by a Head Office function. Its projects include Konkola West Copper Project, Mukai Copper Project, Mushima North Copper Project, Jacks Copper Project, Lubuila Project, Mupala Project, Brunton Pass Copper-Gold Project, Storuman Fluorspar Project, Lassedalen Fluorspar Project.

Tertiary Minerals (Tertiary Minerals) Headlines

No Headlines