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Global Li-Ion Graphite (XCNQ:LION) Debt-to-Equity : 0.07 (As of Feb. 2024)


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What is Global Li-Ion Graphite Debt-to-Equity?

Global Li-Ion Graphite's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.16 Mil. Global Li-Ion Graphite's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Global Li-Ion Graphite's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$2.39 Mil. Global Li-Ion Graphite's debt to equity for the quarter that ended in Feb. 2024 was 0.07.

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 Global Li-Ion Graphite's Debt-to-Equity or its related term are showing as below:

XCNQ:LION' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.1
Current: 0.07

During the past 9 years, the highest Debt-to-Equity Ratio of Global Li-Ion Graphite was 0.10. The lowest was 0.01. And the median was 0.03.

XCNQ:LION's Debt-to-Equity is ranked better than
60.51% of 1304 companies
in the Metals & Mining industry
Industry Median: 0.13 vs XCNQ:LION: 0.07

Global Li-Ion Graphite Debt-to-Equity Historical Data

The historical data trend for Global Li-Ion Graphite'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.

Global Li-Ion Graphite Debt-to-Equity Chart

Global Li-Ion Graphite Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only - - - - 0.06

Global Li-Ion Graphite 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 0.02 0.04 0.06 0.10 0.07

Competitive Comparison of Global Li-Ion Graphite's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Global Li-Ion Graphite'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.


Global Li-Ion Graphite's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Global Li-Ion Graphite's Debt-to-Equity falls into.



Global Li-Ion Graphite Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global Li-Ion Graphite's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Global Li-Ion Graphite'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.


Global Li-Ion Graphite  (XCNQ:LION) 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.


Global Li-Ion Graphite Debt-to-Equity Related Terms

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


Global Li-Ion Graphite (XCNQ:LION) Business Description

Traded in Other Exchanges
Address
510 Burrard Street, Suite 908, Vancouver, BC, CAN, V6C 3A8
Global Li-Ion Graphite Corp is engaged in the acquisition, exploration, and development of mineral resources. It mainly focuses on the development of graphite projects with an intent to supply the rapidly growing energy storage industry. Some of the company's projects are Lac de Gras, Neuron Graphite, and Madagascar Graphite. Each Li-Ion Battery requires Graphite, Lithium, Cobalt and nickel. Geographically, it operates in Canada and Madagascar, out of which the majority of revenue is from Canada.
Executives
Jason Walsh Director