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Xiana Mining (Xiana Mining) Debt-to-Equity : -0.18 (As of Sep. 2020)


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What is Xiana Mining Debt-to-Equity?

Xiana Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $10.71 Mil. Xiana Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.00 Mil. Xiana Mining's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $-60.09 Mil. Xiana Mining's debt to equity for the quarter that ended in Sep. 2020 was -0.18.

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 Xiana Mining's Debt-to-Equity or its related term are showing as below:

DRIFF'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.

Xiana Mining Debt-to-Equity Historical Data

The historical data trend for Xiana 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.

Xiana Mining Debt-to-Equity Chart

Xiana Mining Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.19

Xiana Mining Quarterly Data
Jul15 Oct15 Jan16 Apr16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -0.60 -0.19 -0.19 -0.18 -0.18

Competitive Comparison of Xiana Mining's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Xiana 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.


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

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

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



Xiana Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xiana Mining's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Xiana Mining's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Xiana Mining  (OTCPK:DRIFF) 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.


Xiana Mining Debt-to-Equity Related Terms

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


Xiana Mining (Xiana Mining) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 507, Vancouver, BC, CAN, V6C 3N6
Xiana Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of mineral properties. The company focuses on exploration for precious and base metals in its property interest. Its exploration activities are focused on mineral claim blocks grouped into the Central Zone, North Zone, and South Zone. It produces copper-gold concentrates from the Minera Altos De Punitaqui in Chile.
Executives
Anton J Drescher director, officer: President 837 WEST HASTINGS STREET #507, VANCOUVER BC, CANADA V6C 3N6 A1 0000
Edwin Molina 10 percent owner 8 WEST MAIN STREET, NIANTIC CT 06352
Norman J Bonin director 5769 ANCHOR ROAD SECHELT BC CANADA A1 V0N3A0

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