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Viscount Mining (Viscount Mining) Debt-to-Equity : 0.05 (As of Feb. 2024)


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What is Viscount Mining Debt-to-Equity?

Viscount Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.21 Mil. Viscount Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.00 Mil. Viscount Mining's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $3.97 Mil. Viscount Mining's debt to equity for the quarter that ended in Feb. 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 Viscount Mining's Debt-to-Equity or its related term are showing as below:

VLMGF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.05   Max: 0.26
Current: 0.05

During the past 12 years, the highest Debt-to-Equity Ratio of Viscount Mining was 0.26. The lowest was 0.00. And the median was 0.05.

VLMGF's Debt-to-Equity is ranked better than
66.64% of 1301 companies
in the Metals & Mining industry
Industry Median: 0.13 vs VLMGF: 0.05

Viscount Mining Debt-to-Equity Historical Data

The historical data trend for Viscount Mining'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.

Viscount Mining Debt-to-Equity Chart

Viscount Mining Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.01 - - -

Viscount Mining Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.05

Competitive Comparison of Viscount Mining's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Viscount Mining'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.


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

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

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



Viscount Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Viscount Mining's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Viscount Mining's Debt to Equity Ratio for the quarter that ended in Feb. 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.


Viscount Mining  (OTCPK:VLMGF) 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.


Viscount Mining Debt-to-Equity Related Terms

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


Viscount Mining (Viscount Mining) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Viscount Mining Corp is an exploration-stage company engaged in natural resource exploration. The company is focused on resources located in the states of Nevada and Colorado in the United States of America. Its project includes Cherry Creek and Silver Cliff. Geographically, it operates in Canada and USA.

Viscount Mining (Viscount Mining) Headlines