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Timberline Resources (Timberline Resources) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Timberline Resources Debt-to-Equity?

Timberline Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Timberline Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Timberline Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $14.84 Mil. Timberline Resources's debt to equity for the quarter that ended in Dec. 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 Timberline Resources's Debt-to-Equity or its related term are showing as below:

TLRS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.02   Max: 0.07
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Timberline Resources was 0.07. The lowest was 0.02. And the median was 0.02.

TLRS's Debt-to-Equity is ranked better than
82.81% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TLRS: 0.02

Timberline Resources Debt-to-Equity Historical Data

The historical data trend for Timberline 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.

Timberline Resources Debt-to-Equity Chart

Timberline Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.02 0.02 0.02 -

Timberline Resources 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 0.02 0.02 0.02 - -

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

For the Gold subindustry, Timberline 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.


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

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

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



Timberline Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Timberline Resources'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.


Timberline Resources  (OTCPK:TLRS) 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.


Timberline Resources Debt-to-Equity Related Terms

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


Timberline Resources (Timberline Resources) Business Description

Traded in Other Exchanges
Address
101 East Lakeside Avenue, Coeur d'Alene, ID, USA, 83814
Timberline Resources Corp is a mineral exploration company. It is principally engaged in the business of exploring precious metal deposits and advancing them toward production. The company holds interests in Eureka, Paiute, Silverado, and Seven Trough properties, all located in Nevada.
Executives
Jupiter Gold & Silver Fund 10 percent owner 32 MOLESWORTH STREET, DUBLIN L2 DO2 Y512
Jupiter Investment Management Ltd 10 percent owner THE ZIG ZAG BUILDING, 70 VICTORIA STREET, LONDON X0 SW1E 6SQ
Donald James Mcdowell director 2131 STONE HILL CIRCLE, RENO NV 89519
William Fuller Matlack director, 10 percent owner C/O TIMBERLINE RESOURCES CORP., 101 EAST LAKESIDE AVENUE, COEUR D'ALENE ID 83814
Crescat Portfolio Management Llc 10 percent owner 1560 BROADWAY, SUITE 2270, DENVER CO 80202
Steven A. Osterberg officer: Vice-President, Exploration C/O TIMBERLINE RESOURCES, 101 E LAKESIDE AVE., COEUR D' ALENE ID 83814
David C. Mathewson director 1265 MESA DRIVE, FERNLEY NV 89408
Ted Riley Sharp officer: CFO 714 WHISPERWOOD COURT, NAMPA ID 83686
Pamela L Saxton director 4836 W FAIR AVE, LITTLETON CO 80123
R. Patrick Highsmith director, officer: President 6852 S. CLAYTON WAY, CENTENNIAL CO 80122
Quinton Todd Hennigh director 901 E 9TH AVENUE, LONGMONT CO 80504
Steven East Gilbertson director 1161 S. CLAYTON ST, DENVER CO 80210
Guilio Bonifacio director 1238 - 200 GRANVILLE STREEET, VANCOUVER A1 V8C 1S4
Randal Lavon Hardy director, officer: CEO and CFO 1611 N MOLTER ROAD, SUITE 201, LIBERTY LAKE WA 99019
Paul H Zink director 225 UNION BLVD, SUITE 250, LAKEWOOD CO 80228