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APMCF (Morien Resources) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Morien Resources Debt-to-Equity?

Morien Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Morien Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Morien Resources's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $0.21 Mil. Morien Resources'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 Morien Resources's Debt-to-Equity or its related term are showing as below:

APMCF's Debt-to-Equity is not ranked *
in the Other Energy Sources industry.
Industry Median: 0.22
* Ranked among companies with meaningful Debt-to-Equity only.

Morien Resources Debt-to-Equity Historical Data

The historical data trend for Morien 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.

Morien Resources Debt-to-Equity Chart

Morien Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Morien Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Morien Resources's Debt-to-Equity

For the Thermal Coal subindustry, Morien 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.


Morien Resources's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Morien Resources's Debt-to-Equity distribution charts can be found below:

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



Morien Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Morien 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.


Morien Resources  (OTCPK:APMCF) 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.


Morien Resources Debt-to-Equity Related Terms

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


Morien Resources Business Description

Traded in Other Exchanges
Address
1701 Hollis Street, Suite 800, Halifax, NS, CAN, B3J 3M8
Morien Resources Corp is engaged in the business of identification and purchase of mineral projects. It operates as a mining development company that holds royalty interests in two tidewater accessed projects, namely the Donkin Coal Mine and the Black Point Aggregate Project. The company derives revenue in the form of royalty interests.

Morien Resources Headlines

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