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Quebec Rare Earth Elements (XCNQ:QREE) Debt-to-Asset : 0.00 (As of Jan. 2024)


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What is Quebec Rare Earth Elements Debt-to-Asset?

Quebec Rare Earth Elements's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.01 Mil. Quebec Rare Earth Elements's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Quebec Rare Earth Elements's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jan. 2024 was C$4.38 Mil. Quebec Rare Earth Elements's debt to asset for the quarter that ended in Jan. 2024 was 0.00.


Quebec Rare Earth Elements Debt-to-Asset Historical Data

The historical data trend for Quebec Rare Earth Elements'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.

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Quebec Rare Earth Elements Debt-to-Asset Chart

Quebec Rare Earth Elements Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 - - -

Quebec Rare Earth Elements Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only - - - - -

Competitive Comparison of Quebec Rare Earth Elements's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Quebec Rare Earth Elements'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.


Quebec Rare Earth Elements's Debt-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Quebec Rare Earth Elements's Debt-to-Asset falls into.



Quebec Rare Earth Elements Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Quebec Rare Earth Elements's Debt-to-Asset for the fiscal year that ended in Apr. 2023 is calculated as

Quebec Rare Earth Elements's Debt-to-Asset for the quarter that ended in Jan. 2024 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.


Quebec Rare Earth Elements  (XCNQ:QREE) 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.


Quebec Rare Earth Elements Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Quebec Rare Earth Elements's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Quebec Rare Earth Elements (XCNQ:QREE) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Quebec Rare Earth Elements Corp is a junior exploration company targeting gold, silver, platinum, and palladium in some of the most active exploration districts in Canada. Its flagship asset, the Starr Project, is host to multiple high-grade gold and silver discoveries that have been identified through trenching, bulk sampling, and diamond drilling. In addition, the company is one of the landholders in the rapidly advancing Marathon/Thunder Bay North area mining districts where Generation Mining and Clean Air Metals are advancing their sizable high grade platinum-palladium +/- copper-nickel-silver-gold projects. The company also holds sizable land positions in British Columbia's Golden Triangle.
Executives
John Warren Jentz 10% Security Holder, Director