Chalice Mining (Chalice Mining) Debt-to-Equity

: 0.01 (As of Dec. 2023)

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Chalice Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.27 Mil. Chalice Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.80 Mil. Chalice Mining's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $110.82 Mil. Chalice Mining'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 Chalice Mining's Debt-to-Equity or its related term are showing as below:

CGMLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.02
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Chalice Mining was 0.02. The lowest was 0.00. And the median was 0.01.

CGMLF's Debt-to-Equity is ranked better than
99.92% of 1304 companies
in the Metals & Mining industry
Industry Median: 0.13 vs CGMLF: 0.01

Chalice Mining Debt-to-Equity Historical Data

The historical data trend for Chalice Mining'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.

Chalice Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.01

Chalice Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity																0.02	0.01	0.01	0.01	0.01

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Chalice Mining'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.

Chalice Mining Debt-to-Equity Distribution

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

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

Chalice Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chalice Mining'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
	=	(0.244	+	0.915)	/	125.537
	=	0.01

Chalice Mining'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
	=	(0.271	+	0.803)	/	110.823
	=	0.01

Chalice Mining (OTCPK:CGMLF) 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.

Chalice Mining Debt-to-Equity Related Terms

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Chalice Mining (Chalice Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Chalice Mining Ltd (OTCPK:CGMLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

C8U:Germany CHN:Australia

Address

46 Colin Street, Level 3, West Perth, Perth, WA, AUS, 6005

Website

https://www.chalicemining.com

Chalice Mining Ltd is engaged in the exploration of precious and base metal properties. The project portfolio includes Julimar Nickel-Copper-PGE Project, Pyramid Hill Gold Project, Hawkstone Nickel-Copper-Cobalt Project, South West Nickel-Copper-PGE Project, Barrabarra Nickel-Copper-PGE Project, Auralia Nickel-Copper-Gold Project, Warrego North Project, Mt Jackson Gold Project, Nulla South & Gibb Rock Gold Project, and Viking Gold Project. It operates in one reportable segment, mineral exploration and evaluation.