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

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


View and export this data going back to 2006. Start your Free Trial

What is Condor Resources Debt-to-Equity?

Condor Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. Condor Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. Condor Resources's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $7.52 Mil. Condor 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 Condor Resources's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Condor Resources was 0.03. The lowest was 0.01. And the median was 0.01.

CNRIF'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.

Condor Resources Debt-to-Equity Historical Data

The historical data trend for Condor 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.

Condor Resources Debt-to-Equity Chart

Condor Resources Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 0.01 0.01

Condor Resources Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Aug23 Nov23
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 - -

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

For the Other Precious Metals & Mining subindustry, Condor 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.


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

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

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



Condor Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Condor Resources's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Condor Resources's Debt to Equity Ratio for the quarter that ended in Nov. 2023 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.


Condor Resources  (OTCPK:CNRIF) 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.


Condor Resources Debt-to-Equity Related Terms

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


Condor Resources (Condor Resources) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Condor Resources Inc is engaged in acquiring and exploring mineral properties located in Peru. The company is engaged in the exploration of minerals with an emphasis on gold and copper prospects. Its projects include Chavin, Soledad, Quriurqu, Huinac Punta, Ocros, Pucamayo, Humaya, San Martin, Lucero, and Quilca-Quilisane in Peru South America.