AMXEF (Amex Exploration) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is Amex Exploration Debt-to-Equity?

Amex Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Amex Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Amex Exploration's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $81.42 Mil. Amex Exploration's debt to equity for the quarter that ended in Sep. 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 Amex Exploration's Debt-to-Equity or its related term are showing as below:

AMXEF's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Amex Exploration Debt-to-Equity Historical Data

The historical data trend for Amex Exploration'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.

Amex Exploration Debt-to-Equity Chart

Amex Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Amex Exploration 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															-	-	-	-	-

Competitive Comparison of Amex Exploration's Debt-to-Equity

For the Gold subindustry, Amex Exploration'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.

Amex Exploration's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

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Amex Exploration Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Amex Exploration'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	+	0)	/	66.811
	=	0.00

Amex Exploration's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	0)	/	81.416
	=	0.00

Amex Exploration (OTCPK:AMXEF) 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.

Amex Exploration Debt-to-Equity Related Terms

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Amex Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amex Exploration Inc (OTCPK:AMXEF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0A6N:UK MX0:Germany MX0:Germany AMX:Canada

Address

410 St-Nicolas Street, Suite 236, Montreal, QC, CAN, H2Y 2P5

Website

https://www.amexexploration.com

Amex Exploration Inc is a mining exploration company focused on developing high-grade gold ounces from the Perron Gold Project, located approximately 110 kilometers north of Rouyn-Noranda, Quebec. Its Eldorado Gold has strategically invested in Amex by acquiring a significant stake, drawn by the high quality and grade of the Perron project. The project is well-serviced by existing infrastructure, on a year-round road, from an airport, and outside the town of Normetal. The open pit and underground stope operations contain approximately 594,100 measured and indicated ounces at an average grade of around 4.28 g/t Au, along with approximately 1,049,650 inferred ounces at a grade of around 3.80 g/t Au.