Idaho Strategic Resources (Idaho Strategic Resources) Debt-to-Equity

: 0.13 (As of Dec. 2023)

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Idaho Strategic Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.98 Mil. Idaho Strategic Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.34 Mil. Idaho Strategic Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $17.75 Mil. Idaho Strategic Resources's debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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 Idaho Strategic Resources's Debt-to-Equity or its related term are showing as below:

IDR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.27 Max: 0.99
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Idaho Strategic Resources was 0.99. The lowest was 0.13. And the median was 0.27.

IDR's Debt-to-Equity is ranked better than
50.31% of 1304 companies
in the Metals & Mining industry
Industry Median: 0.13 vs IDR: 0.13

Idaho Strategic Resources Debt-to-Equity Historical Data

The historical data trend for Idaho Strategic 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.

Idaho Strategic Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.25

0.29

0.38

0.15

0.13

Idaho Strategic Resources 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																0.15	0.13	0.17	0.15	0.13

Competitive Comparison

For the Gold subindustry, Idaho Strategic 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.

Idaho Strategic Resources Debt-to-Equity Distribution

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

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

Idaho Strategic Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Idaho Strategic Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.978	+	1.338)	/	17.753
	=	0.13

Idaho Strategic Resources's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.978	+	1.338)	/	17.753
	=	0.13

Idaho Strategic Resources (AMEX:IDR) 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.

Idaho Strategic Resources Debt-to-Equity Related Terms

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

Idaho Strategic Resources (Idaho Strategic Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Idaho Strategic Resources Inc (AMEX:IDR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 N. Third Street, Coeur d’Alene, ID, USA, 83814

Website

https://www.idahostrategic.com

Idaho Strategic Resources Inc is a vertically integrated, operating junior mining company. It produces gold at the Golden Chest Mine. In addition to gold and gold production, the company maintains a strategic and domestic presence in the Critical Minerals sector and is focused on advancing its officially recognized Lemhi Pass, Diamond Creek and Roberts Rare Earth Element projects in central Idaho.

Executives

Carolyn S Turner	director	P.O. BOX 87, KINGSTON ID 83839
Richard Scott Beaven	director	201 N. 3RD ST., COEUR D'ALENE ID 83814
John Swallow	director, 10 percent owner, officer: President	905 SOUTH JARVIS ROAD, COEUR D'ALENE ID 83814
Grant A Brackebusch	director, officer: Vice President	P.O. BOX 1019, KELLOGG IA 83837
Monique D Hayes	officer: Corporate Secretary	11115 E. MONTGOMERY, SUITE G, SPOKANE VALLEY WA 99206
Robert John Morgan	officer: VP Exploration	201 N 3RD ST, COEUR D ALENE ID 83814-2806
Kevin G Shiell	director	STILLWATER MINING COMPANY, 1321 DISCOVERY DRIVE, BILLINGS MT 59102
Juniper Resources Llc	other: Strategic Partnership	967 E PARKCENTER BLVD. #365, BOISE ID 83706
Delbert W Steiner	director	3555 COUNTRY CLUB DR, LEWISTON ID 83501
R. Patrick Highsmith	director, officer: President/CEO	6852 S. CLAYTON WAY, CENTENNIAL CO 80122
Mine Systems Design Inc	10 percent owner	PO BOX 1019, KELLOGG ID 83837
M Kathleen Sims	director	PO BOX 1019, KELLOGG ID 93837
Ivan R Linscott	director	PO BOX 1019, KELLOGG ID 83837
William C Rust	director	PO BOX 1019, KELLOGG ID 83837
Fred W Brackebusch	director, 10 percent owner, officer: CEO	P.O. BOX 1019, KELLOGG ID 83837