Alaska Energy Metals (Alaska Energy Metals) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Alaska Energy Metals Debt-to-Equity?

Alaska Energy Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.02 Mil. Alaska Energy Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.02 Mil. Alaska Energy Metals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $15.10 Mil. Alaska Energy Metals's debt to equity for the quarter that ended in Mar. 2024 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 Alaska Energy 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 Alaska Energy Metals was 0.12. The lowest was 0.00. And the median was 0.03.

AKEMF's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Alaska Energy Metals Debt-to-Equity Historical Data

The historical data trend for Alaska Energy 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.

Alaska Energy Metals Debt-to-Equity Chart

Alaska Energy Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.06

0.09

0.01

0.11

Alaska Energy Metals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.01	-	-	-

Competitive Comparison of Alaska Energy Metals's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Alaska Energy 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.

Alaska Energy Metals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Alaska Energy Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alaska Energy Metals's Debt to Equity Ratio for the fiscal year 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
	=	(0.019	+	0.021)	/	16.086
	=	0.00

Alaska Energy Metals's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0.021	+	0.015)	/	15.099
	=	0.00

Alaska Energy Metals (OTCPK:AKEMF) 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.

Alaska Energy Metals Debt-to-Equity Related Terms

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Alaska Energy Metals (Alaska Energy Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alaska Energy Metals Corp (OTCPK:AKEMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

V7F:Germany AEMC:Canada

Address

355 Burrard Street, Suite 1000, Vancouver, BC, CAN, V6C 2G8

Website

https://www.millrockresources.com

Alaska Energy Metals Corp is a Canada-based company engaged in the business activities of exploration and development of mineral resources. Through research and early-stage exploration, the company generates new exploration ideas, acquires mineral rights, and performs exploration work to identify drilling targets. The company derives revenue from contracts with customers through overhead recovery fees and exploration services. Its geographical segments include the USA, Mexico, and Canada, where the majority of its revenue comes from the USA.