Starcore International Mines (Starcore International Mines) Debt-to-Equity

: 0.01 (As of Jan. 2023)

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Starcore International Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was $0.16 Mil. Starcore International Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was $0.16 Mil. Starcore International Mines's Total Stockholders Equity for the quarter that ended in Jan. 2023 was $28.60 Mil. Starcore International Mines's debt to equity for the quarter that ended in Jan. 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 Starcore International Mines's Debt-to-Equity or its related term are showing as below:

SHVLF'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.

Starcore International Mines Debt-to-Equity Historical Data

The historical data trend for Starcore International Mines'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.

Starcore International Mines Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Debt-to-Equity

0.03

0.12

0.13

0.03

0.02

Starcore International Mines Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Debt-to-Equity																0.02	0.02	0.02	0.02	0.01

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Starcore International Mines'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.

Starcore International Mines Debt-to-Equity Distribution

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

* The bar in red indicates where Starcore International Mines's Debt-to-Equity falls into.

Starcore International Mines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Starcore International Mines's Debt to Equity Ratio for the fiscal year that ended in Apr. 2022 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
	=	(0.504	+	0.207)	/	31.718
	=	0.02

Starcore International Mines's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(0.155	+	0.164)	/	28.601
	=	0.01

Starcore International Mines (OTCPK:SHVLF) 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.

Starcore International Mines Debt-to-Equity Related Terms

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Starcore International Mines (Starcore International Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Starcore International Mines Ltd (OTCPK:SHVLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

V4JA:Germany SAM:Canada

Address

580 Hornby Street, Suite 750 Box 113, Vancouver, BC, CAN, V6C 3B6

Website

https://www.starcore.com

Starcore International Mines Ltd is in the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization's revenue comes from Bernal, Mexico.

Starcore International Mines (Starcore International Mines) Headlines

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