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Organic Potash (XCNQ:OPC) Debt-to-Equity : -0.16 (As of Dec. 2023)


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What is Organic Potash Debt-to-Equity?

Organic Potash's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.13 Mil. Organic Potash's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Organic Potash's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$-0.80 Mil. Organic Potash's debt to equity for the quarter that ended in Dec. 2023 was -0.16.

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 Organic Potash's Debt-to-Equity or its related term are showing as below:

XCNQ:OPC' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.91   Med: -0.2   Max: -0.16
Current: -0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Organic Potash was -0.16. The lowest was -0.91. And the median was -0.20.

XCNQ:OPC's Debt-to-Equity is not ranked
in the Chemicals industry.
Industry Median: 0.35 vs XCNQ:OPC: -0.16

Organic Potash Debt-to-Equity Historical Data

The historical data trend for Organic Potash'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.

Organic Potash Debt-to-Equity Chart

Organic Potash Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.26 -0.21 -0.20 -0.17 -0.17

Organic Potash Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.17 -0.17 -0.17 -0.17 -0.16

Competitive Comparison of Organic Potash's Debt-to-Equity

For the Chemicals subindustry, Organic Potash'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.


Organic Potash's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Organic Potash's Debt-to-Equity distribution charts can be found below:

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



Organic Potash Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Organic Potash's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Organic Potash's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Organic Potash  (XCNQ:OPC) 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.


Organic Potash Debt-to-Equity Related Terms

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


Organic Potash (XCNQ:OPC) Business Description

Traded in Other Exchanges
Address
10 Wilkinson Road, Suite 22, Brampton, ON, CAN, L6T 5B1
Organic Potash Corp is engaged in the development and production of potassium carbonate produced from agricultural waste, in particular cocoa husks in West Africa.

Organic Potash (XCNQ:OPC) Headlines

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