Silver Dollar Resources (XCNQ:SLV) Debt-to-Equity : 0.00 (As of Feb. 2024)

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What is Silver Dollar Resources Debt-to-Equity?

Silver Dollar Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Silver Dollar Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Silver Dollar Resources's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$15.45 Mil. Silver Dollar Resources's debt to equity for the quarter that ended in Feb. 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 Silver Dollar Resources's Debt-to-Equity or its related term are showing as below:

XCNQ:SLV'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.

Silver Dollar Resources Debt-to-Equity Historical Data

The historical data trend for Silver Dollar Resources'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.

Silver Dollar Resources Debt-to-Equity Chart

Silver Dollar Resources Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

Silver Dollar Resources 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															-	-	-	-	-

Competitive Comparison of Silver Dollar Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Silver Dollar Resources'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.

Silver Dollar Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Dollar Resources's Debt-to-Equity falls into.

Silver Dollar Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Silver Dollar Resources's Debt to Equity Ratio for the fiscal year that ended in Aug. 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)	/	15.894
	=	0.00

Silver Dollar Resources's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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)	/	15.453
	=	0.00

Silver Dollar Resources (XCNQ:SLV) 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.

Silver Dollar Resources Debt-to-Equity Related Terms

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Silver Dollar Resources (XCNQ:SLV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Dollar Resources Inc (XCNQ:SLV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SLVDF:USA 4YW:Germany

Address

179 - 2945 Jacklin Road, Suite 416, Victoria, BC, CAN, V9B 6J9

Website

https://silverdollarresources.com

Silver Dollar Resources Inc is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration programs thereon. Its properties include La Joya Project, Nora Project in Mexico; Longlegged Lake Property and Pakwash Lake Property in Ontario.

Executives

Joseph Jerome Smulders

Senior Officer