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Camrova Resources (Camrova Resources) Debt-to-Equity : -0.29 (As of Sep. 2021)


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What is Camrova Resources Debt-to-Equity?

Camrova Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.33 Mil. Camrova Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.05 Mil. Camrova Resources's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $-1.30 Mil. Camrova Resources's debt to equity for the quarter that ended in Sep. 2021 was -0.29.

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

BAJFF'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.

Camrova Resources Debt-to-Equity Historical Data

The historical data trend for Camrova 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.

Camrova Resources Debt-to-Equity Chart

Camrova Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.26 -0.26

Camrova Resources Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -0.27 -0.26 -0.25 -0.25 -0.29

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

For the Other Industrial Metals & Mining subindustry, Camrova 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.


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

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

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



Camrova Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Camrova Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Camrova Resources's Debt to Equity Ratio for the quarter that ended in Sep. 2021 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.


Camrova Resources  (OTCPK:BAJFF) 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.


Camrova Resources Debt-to-Equity Related Terms

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


Camrova Resources (Camrova Resources) Business Description

Traded in Other Exchanges
N/A
Address
600 - 890 West Pender Street, Vancouver, BC, CAN, V6C 1J9
Camrova Resources Inc is a Canadian mining company. The company is in discussion with various interested parties regarding finalizing its potential smelter slag copper processing project in Chile, utilizing the Las Vacas flotation plant. It has a minority investment in the El Boleo copper-cobaltzinc-manganese deposit located near Santa Rosalia, Baja California Sur, Mexico. Minera y Metalurgica del Boleo, S.A.P.I. de C.V. holds the mineral property rights to the Boleo Mine.

Camrova Resources (Camrova Resources) Headlines

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