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Balmoral Resources (Balmoral Resources) Debt-to-Equity : 0.01 (As of Mar. 2020)


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What is Balmoral Resources Debt-to-Equity?

Balmoral Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was $0.14 Mil. Balmoral Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was $0.25 Mil. Balmoral Resources's Total Stockholders Equity for the quarter that ended in Mar. 2020 was $48.28 Mil. Balmoral Resources's debt to equity for the quarter that ended in Mar. 2020 was 0.01.

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

BALMF'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.

Balmoral Resources Debt-to-Equity Historical Data

The historical data trend for Balmoral 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.

Balmoral Resources Debt-to-Equity Chart

Balmoral Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Equity
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Balmoral Resources Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Mar20
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 - 0.01 0.01 0.01 0.01

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

For the Other Industrial Metals & Mining subindustry, Balmoral 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.


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

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

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



Balmoral Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Balmoral Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Balmoral Resources's Debt to Equity Ratio for the quarter that ended in Mar. 2020 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.


Balmoral Resources  (OTCPK:BALMF) 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.


Balmoral Resources Debt-to-Equity Related Terms

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Balmoral Resources (Balmoral Resources) Business Description

Traded in Other Exchanges
N/A
Address
700 West Pender Street, Suite 1750, Vancouver, BC, CAN, V6C 1G8
Balmoral Resources Ltd is an exploration stage mining exploration and development company. It is engaged in the acquisition and exploration of gold and base metal properties in Canada. The principal focus of the company's exploration activities are the properties comprising its Detour Trend Project in Quebec.