Benton Resources (Benton Resources) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Benton Resources Debt-to-Equity?

Benton Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.04 Mil. Benton Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.04 Mil. Benton Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $11.61 Mil. Benton Resources's debt to equity for the quarter that ended in Dec. 2023 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 Benton Resources's Debt-to-Equity or its related term are showing as below:

BNTRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.04
Current: 0.01

During the past 12 years, the highest Debt-to-Equity Ratio of Benton Resources was 0.04. The lowest was 0.01. And the median was 0.01.

BNTRF's Debt-to-Equity is ranked better than
99.92% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs BNTRF: 0.01

Benton Resources Debt-to-Equity Historical Data

The historical data trend for Benton 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.

Benton Resources Debt-to-Equity Chart

Benton Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.02

0.01

Benton Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

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

For the Other Industrial Metals & Mining subindustry, Benton 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.

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

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

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

Benton Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Benton Resources's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.037	+	0.059)	/	8.67
	=	0.01

Benton Resources'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
	=	(0.037	+	0.04)	/	11.607
	=	0.01

Benton Resources (OTCPK:BNTRF) 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.

Benton Resources Debt-to-Equity Related Terms

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

Benton Resources (Benton Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Benton Resources Inc (OTCPK:BNTRF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BR0:Germany BEX:Canada

Address

684 Squier Street, Thunder Bay, ON, CAN, P7B 4A8

Website

https://www.bentonresources.ca

Benton Resources Inc is a mineral exploration company. The company has a diversified, highly-prospective property portfolio of Gold, Silver, Nickel, Copper, Platinum Group Elements and Lithium assets. In addition, it holds large equity positions in other mining companies that are advancing high-quality assets. Benton has a strategic alliance with Sokoman Minerals Corp through three joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland and Labrador, Canada.

Benton Resources (Benton Resources) Headlines

From GuruFocus

Sokoman & Benton Commence Drilling at Grey River

By ACCESSWIRE ACCESSWIRE • 06-22-2022