Brixton Metals (STU:8BX1) Debt-to-Equity

: 0.00 (As of Dec. 2023)

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Brixton Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.03 Mil. Brixton Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.03 Mil. Brixton Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €16.33 Mil. Brixton Metals'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 Brixton Metals's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Brixton Metals was 0.02. The lowest was 0.00. And the median was 0.01.

STU:8BX1's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.125
* Ranked among companies with meaningful Debt-to-Equity only.

Brixton Metals Debt-to-Equity Historical Data

The historical data trend for Brixton Metals'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.

Brixton Metals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

0.01

Brixton Metals 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																0.01	0.01	0.01	0.01	-

Competitive Comparison

For the Other Precious Metals & Mining subindustry, Brixton Metals'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.

Brixton Metals Debt-to-Equity Distribution

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

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

Brixton Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brixton Metals's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(0.03	+	0.034)	/	9.45
	=	0.01

Brixton Metals's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.031	+	0.026)	/	16.327
	=	0.00

Brixton Metals (STU:8BX1) 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.

Brixton Metals Debt-to-Equity Related Terms

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Brixton Metals (STU:8BX1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Brixton Metals Corp (STU:8BX1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BBBXF:USA BBB:Canada

Address

409 Granville Street, Suite 551, Vancouver, BC, CAN, V6C 1T2

Website

https://www.brixtonmetals.com

Brixton Metals Corp is a Canadian exploration and development company. It focuses on the acquisition, exploration, and development of mineral properties. Brixton owns four projects in Canada and the USA, Thorn gold-silver project, Hog heaven silver-gold project, Langis-Hudson Bay silver-cobalt project, and the Atlin Goldfields project.

Brixton Metals (STU:8BX1) Headlines

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