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AHELF (Auscan Resources) Debt-to-Equity : -0.19 (As of Sep. 2024)


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What is Auscan Resources Debt-to-Equity?

Auscan Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.02 Mil. Auscan Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Auscan Resources's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-0.12 Mil. Auscan Resources's debt to equity for the quarter that ended in Sep. 2024 was -0.19.

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 Auscan Resources's Debt-to-Equity or its related term are showing as below:

AHELF' s Debt-to-Equity Range Over the Past 10 Years
Min: -26   Med: -0.23   Max: 1.93
Current: -0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Auscan Resources was 1.93. The lowest was -26.00. And the median was -0.23.

AHELF's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs AHELF: -0.19

Auscan Resources Debt-to-Equity Historical Data

The historical data trend for Auscan Resources'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.

Auscan Resources Debt-to-Equity Chart

Auscan Resources Annual Data
Trend Dec14 Dec15 Dec16 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.39 -0.20 -0.23

Auscan Resources 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 -0.17 -0.14 -0.19 -0.23 -0.19

Competitive Comparison of Auscan Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Auscan Resources'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.


Auscan Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Auscan Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Auscan Resources's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Auscan Resources'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.


Auscan Resources  (OTCPK:AHELF) 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.


Auscan Resources Debt-to-Equity Related Terms

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


Auscan Resources Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Auscan Resources Inc is a Canada-based company. Its principal activity was the acquisition, exploration, and development of helium property interests in North America. Currently, the company does not have any mineral property interests and is looking for a new business opportunity.

Auscan Resources Headlines

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