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Precious Metals and Mining Trust (Precious Metals and Mining Trust) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Precious Metals and Mining Trust Debt-to-Equity?

Precious Metals and Mining Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Precious Metals and Mining Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Precious Metals and Mining Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $14.49 Mil. Precious Metals and Mining Trust'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 Precious Metals and Mining Trust's Debt-to-Equity or its related term are showing as below:

PMMTF's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Precious Metals and Mining Trust Debt-to-Equity Historical Data

The historical data trend for Precious Metals and Mining Trust'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.

Precious Metals and Mining Trust Debt-to-Equity Chart

Precious Metals and Mining Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Precious Metals and Mining Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Precious Metals and Mining Trust's Debt-to-Equity

For the Asset Management subindustry, Precious Metals and Mining Trust'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.


Precious Metals and Mining Trust's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Precious Metals and Mining Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Precious Metals and Mining Trust's Debt-to-Equity falls into.



Precious Metals and Mining Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Precious Metals and Mining Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Precious Metals and Mining Trust'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.


Precious Metals and Mining Trust  (OTCPK:PMMTF) 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.


Precious Metals and Mining Trust Debt-to-Equity Related Terms

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


Precious Metals and Mining Trust (Precious Metals and Mining Trust) Business Description

Traded in Other Exchanges
Address
15 York Street, Second Floor, Toronto, ON, CAN, M5J 0A3
Precious Metals and Mining Trust is an investment trust operating in Canada. The investment objective of the company is to provide long-term capital appreciation and monthly cash distributions. The investment portfolio of the trust includes equity securities of metals and minerals mining and exploration issuers.

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