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AGCCF (Gensource Potash) Debt-to-Equity : 0.51 (As of Sep. 2024)


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What is Gensource Potash Debt-to-Equity?

Gensource Potash's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $4.38 Mil. Gensource Potash's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Gensource Potash's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $8.51 Mil. Gensource Potash's debt to equity for the quarter that ended in Sep. 2024 was 0.51.

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 Gensource Potash's Debt-to-Equity or its related term are showing as below:

AGCCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.1   Max: 0.51
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Gensource Potash was 0.51. The lowest was 0.00. And the median was 0.10.

AGCCF's Debt-to-Equity is ranked worse than
74.88% of 1238 companies
in the Metals & Mining industry
Industry Median: 0.14 vs AGCCF: 0.51

Gensource Potash Debt-to-Equity Historical Data

The historical data trend for Gensource Potash'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.

Gensource Potash Debt-to-Equity Chart

Gensource Potash Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.19 0.34 0.42

Gensource Potash Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.34 0.42 0.46 0.49 0.51

Competitive Comparison of Gensource Potash's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Gensource Potash'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.


Gensource Potash's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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


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Gensource Potash Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gensource Potash's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Gensource Potash's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Gensource Potash  (OTCPK:AGCCF) 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.


Gensource Potash Debt-to-Equity Related Terms

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


Gensource Potash Business Description

Traded in Other Exchanges
Address
201-1st Avenue South, Suite 1100, Saskatoon, SK, CAN, S7K 1J5
Gensource Potash Corp is a Canada based company focused on developing resource opportunities with a specific focus on potash development. The company owns an interest in the Vanguard area project located in Saskatchewan and the Lazlo project, among others.