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Trailbreaker Resources (Trailbreaker Resources) Debt-to-Equity : 0.00 (As of Sep. 2023)


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What is Trailbreaker Resources Debt-to-Equity?

Trailbreaker Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Trailbreaker Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Trailbreaker Resources's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $4.36 Mil. Trailbreaker Resources's debt to equity for the quarter that ended in Sep. 2023 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 Trailbreaker Resources's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Trailbreaker Resources was 0.02. The lowest was 0.00. And the median was 0.00.

APRAF'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.

Trailbreaker Resources Debt-to-Equity Historical Data

The historical data trend for Trailbreaker 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.

Trailbreaker Resources Debt-to-Equity Chart

Trailbreaker Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
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Trailbreaker Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Competitive Comparison of Trailbreaker Resources's Debt-to-Equity

For the Gold subindustry, Trailbreaker 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.


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

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

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



Trailbreaker Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trailbreaker Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Trailbreaker Resources's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Trailbreaker Resources  (OTCPK:APRAF) 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.


Trailbreaker Resources Debt-to-Equity Related Terms

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


Trailbreaker Resources (Trailbreaker Resources) Business Description

Traded in Other Exchanges
Address
650 West Georgia Street, Suite 2110, Vancouver, BC, CAN, V6B 4N9
Trailbreaker Resources Ltd is a mineral exploration company focusing on acquiring and developing exploration and evaluation assets. Its 100%-owned flagship Plateau Property is located in the Yukon Territory. The other properties of the company are McMurdo and Skelly, among others.

Trailbreaker Resources (Trailbreaker Resources) Headlines

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