Strathmore Plus Uranium (Strathmore Plus Uranium) Debt-to-Equity

: 0.15 (As of Oct. 2023)

View and export this data going back to 2010. Start your Free Trial

Strathmore Plus Uranium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.36 Mil. Strathmore Plus Uranium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. Strathmore Plus Uranium's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $2.43 Mil. Strathmore Plus Uranium's debt to equity for the quarter that ended in Oct. 2023 was 0.15.

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 Strathmore Plus Uranium's Debt-to-Equity or its related term are showing as below:

SUUFF' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.62 Med: -0.09 Max: 0.76
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Strathmore Plus Uranium was 0.76. The lowest was -7.62. And the median was -0.09.

SUUFF's Debt-to-Equity is ranked better than
62.99% of 127 companies
in the Other Energy Sources industry
Industry Median: 0.24 vs SUUFF: 0.15

Strathmore Plus Uranium Debt-to-Equity Historical Data

The historical data trend for Strathmore Plus Uranium'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.

Strathmore Plus Uranium Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

Get a 7-Day Free Trial

-0.59

0.28

Strathmore Plus Uranium Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															0.76	0.17	0.24	0.28	0.15

Competitive Comparison

For the Uranium subindustry, Strathmore Plus Uranium'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.

Strathmore Plus Uranium Debt-to-Equity Distribution

For the Other Energy Sources industry and Energy sector, Strathmore Plus Uranium's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Strathmore Plus Uranium's Debt-to-Equity falls into.

Strathmore Plus Uranium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Strathmore Plus Uranium's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(0.357	+	0)	/	1.296
	=	0.28

Strathmore Plus Uranium's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(0.362	+	0)	/	2.434
	=	0.15

Strathmore Plus Uranium (OTCPK:SUUFF) 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.

Strathmore Plus Uranium Debt-to-Equity Related Terms

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

Strathmore Plus Uranium (Strathmore Plus Uranium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Strathmore Plus Uranium Corp (OTCPK:SUUFF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TO3:Germany SUU:Canada

Address

1620 Dickson Ave, Suite 750, Kelowna, BC, CAN, V1Y 9Y2

Website

https://www.strathmoreplus.com

Strathmore Plus Uranium Corp is uranium explorer based company. The Company operates in one business segment, the exploration, development and evaluation of the projects located in the State of Wyoming.

Strathmore Plus Uranium (Strathmore Plus Uranium) Headlines

From GuruFocus

Strathmore Plus Uranium Corp at Red Cloud Virtual Webinar Series Transcript

By GuruFocus Research • 02-15-2024