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Adamera Minerals (Adamera Minerals) Debt-to-Equity : 0.07 (As of Dec. 2023)


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What is Adamera Minerals Debt-to-Equity?

Adamera Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.24 Mil. Adamera Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.15 Mil. Adamera Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5.74 Mil. Adamera Minerals's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 Adamera Minerals's Debt-to-Equity or its related term are showing as below:

DDNFF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.1   Max: 0.2
Current: 0.07

During the past 12 years, the highest Debt-to-Equity Ratio of Adamera Minerals was 0.20. The lowest was 0.04. And the median was 0.10.

DDNFF's Debt-to-Equity is ranked better than
60.66% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs DDNFF: 0.07

Adamera Minerals Debt-to-Equity Historical Data

The historical data trend for Adamera Minerals'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.

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Adamera Minerals Debt-to-Equity Chart

Adamera Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.20 0.13 0.10 0.07

Adamera Minerals 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 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 0.10 0.09 0.08 0.07 0.07

Competitive Comparison of Adamera Minerals's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Adamera Minerals'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.


Adamera Minerals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Adamera Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adamera Minerals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Adamera Minerals's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Adamera Minerals  (OTCPK:DDNFF) 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.


Adamera Minerals Debt-to-Equity Related Terms

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


Adamera Minerals (Adamera Minerals) Business Description

Traded in Other Exchanges
Address
1111 Melville Stree, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Adamera Minerals Corp is a Canadian company engaged in the acquisition and exploration of mineral properties. The company's projects are; the Cooke Mountain Project, Empire Creek Project, Flag hill mine project, talisman historic copper-silver Mine, and Hedley Project - British Columbia.

Adamera Minerals (Adamera Minerals) Headlines

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