BCM Resources (BCM Resources) Debt-to-Equity : 0.00 (As of Nov. 2023)

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What is BCM Resources Debt-to-Equity?

BCM Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. BCM Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. BCM Resources's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $15.50 Mil. BCM Resources's debt to equity for the quarter that ended in Nov. 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 BCM Resources's Debt-to-Equity or its related term are showing as below:

BCMRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 0.02
Current: 0.02

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

BCMRF's Debt-to-Equity is ranked better than
82.81% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs BCMRF: 0.02

BCM Resources Debt-to-Equity Historical Data

The historical data trend for BCM 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.

BCM Resources Debt-to-Equity Chart

BCM Resources Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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BCM Resources Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.02	-	-	-

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

For the Other Industrial Metals & Mining subindustry, BCM 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.

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

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

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

BCM Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BCM 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)	/	15.792
	=	0.00

BCM Resources's Debt to Equity Ratio for the quarter that ended in Nov. 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)	/	15.504
	=	0.00

BCM Resources (OTCPK:BCMRF) 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.

BCM Resources Debt-to-Equity Related Terms

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BCM Resources (BCM Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BCM Resources Corp (OTCPK:BCMRF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

B:Canada

Address

400 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 3A6

Website

https://www.bcmresources.com

BCM Resources Corp is principally engaged in the acquisition, exploration, development, and mining of mineral properties. The company holds interests in the Carter property in Canada and Thompson Knolls Property in the United States.