Metalla Royalty & Streaming (Metalla Royalty & Streaming) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is Metalla Royalty & Streaming Debt-to-Equity?

Metalla Royalty & Streaming's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.60 Mil. Metalla Royalty & Streaming's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13.03 Mil. Metalla Royalty & Streaming's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $252.89 Mil. Metalla Royalty & Streaming's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Metalla Royalty & Streaming's Debt-to-Equity or its related term are showing as below:

MTA' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.08 Med: 0.06 Max: 0.58
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Metalla Royalty & Streaming was 0.58. The lowest was -1.08. And the median was 0.06.

MTA's Debt-to-Equity is ranked better than
63.23% of 1311 companies
in the Metals & Mining industry
Industry Median: 0.13 vs MTA: 0.06

Metalla Royalty & Streaming Debt-to-Equity Historical Data

The historical data trend for Metalla Royalty & Streaming'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.

Metalla Royalty & Streaming Debt-to-Equity Chart

Metalla Royalty & Streaming Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.07

0.11

0.09

0.06

Metalla Royalty & Streaming Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.08	0.06	0.03	0.06

Competitive Comparison of Metalla Royalty & Streaming's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Metalla Royalty & Streaming'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.

Metalla Royalty & Streaming's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Metalla Royalty & Streaming's Debt-to-Equity falls into.

Metalla Royalty & Streaming Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Metalla Royalty & Streaming'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
	=	(1.598	+	13.027)	/	252.887
	=	0.06

Metalla Royalty & Streaming'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
	=	(1.598	+	13.027)	/	252.887
	=	0.06

Metalla Royalty & Streaming (AMEX:MTA) 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.

Metalla Royalty & Streaming Debt-to-Equity Related Terms

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Metalla Royalty & Streaming (Metalla Royalty & Streaming) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metalla Royalty & Streaming Ltd (AMEX:MTA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

X9C:Germany MTA:Canada

Address

543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8

Website

https://www.metallaroyalty.com

Metalla Royalty & Streaming Ltd is a precious metals royalty and streaming company, which engages in the acquisition and management of precious metal royalties, streams, and similar production-based interests. It's a pure-play gold and silver streaming and royalty company. It generates revenue from royalties, streams, and other interests.