SHMIF (Showcase Minerals) Debt-to-Asset : 0.02 (As of Apr. 2026)

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What is Showcase Minerals Debt-to-Asset?

Showcase Minerals SHMIF Debt-to-Asset is 0.02 as of Apr. 2026. The stock has 1 warning sign investors should review.

Showcase Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $0.02 Mil. Showcase Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $0.00 Mil. Showcase Minerals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Apr. 2026 was $0.86 Mil. Showcase Minerals's debt to asset for the quarter that ended in Apr. 2026 was 0.02.

Showcase Minerals  (OTCPK:SHMIF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Showcase Minerals Debt-to-Asset Related Terms

Showcase Minerals Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Showcase Minerals's Debt-to-Asset 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.

Showcase Minerals Debt-to-Asset Chart

Showcase Minerals Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
Debt-to-Asset
0.00 0.00 0.02 0.00 0.29

Showcase Minerals Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Debt-to-Asset 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 0.00 0.00 0.29 0.01 0.02

Showcase Minerals Debt-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Showcase Minerals's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Showcase Minerals Debt-to-Asset vs Metals & Mining Industry

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

* The bar in red indicates where Showcase Minerals's Debt-to-Asset falls into.


Showcase Minerals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Showcase Minerals's Debt-to-Asset for the fiscal year that ended in Oct. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.007 + 0) / 0.024
=0.29

Showcase Minerals's Debt-to-Asset for the quarter that ended in Apr. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.018 + 0) / 0.859
=0.02

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.02 mean?
Showcase Minerals (SHMIF) has a Debt-to-Asset of 0.02 as of Apr. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Showcase Minerals and its competitors.
Is Showcase Minerals' Debt-to-Asset too high?
Showcase Minerals' current Debt-to-Asset is 0.02.
How does Showcase Minerals' Debt-to-Asset compare to competitors?
Showcase Minerals' Debt-to-Asset of 0.02 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Metals & Mining company?
A good Debt-to-Asset depends on the Metals & Mining industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Showcase Minerals and its competitors. Showcase Minerals's current Debt-to-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showcase Minerals stock overvalued right now?
Showcase Minerals (SHMIF) has a current Debt-to-Asset of 0.02. The current Debt-to-Asset is 0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Showcase Minerals (SHMIF), the current Debt-to-Asset is 0.02 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Showcase Minerals Business Description

Other Exchanges ZJ0:GermanySHOW:Canada
Address 741 Harbourfront Drive North East, Salmon Arm, BC, CAN, V1E 3L4
Showcase Minerals Inc is engaged in the business of mineral property exploration and development. The company holds the exclusive option to acquire a 100% interest in the Dixie Flats Claims, the North Star Claims, and the Woodruff Claims (collectively, 'the Properties'), which are respectively subject to net smelters returns royalties ranging from 2.25% to 4.25%. It has one reportable segment, the exploration and development of mineral property in the State of Nevada, USA.