AZASF (Arizona Gold & Silver) Debt-to-Equity : 0.00 (As of Nov. 2024)

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What is Arizona Gold & Silver Debt-to-Equity?

Arizona Gold & Silver's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was $0.00 Mil. Arizona Gold & Silver's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was $0.00 Mil. Arizona Gold & Silver's Total Stockholders Equity for the quarter that ended in Nov. 2024 was $8.23 Mil. Arizona Gold & Silver's debt to equity for the quarter that ended in Nov. 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 Arizona Gold & Silver's Debt-to-Equity or its related term are showing as below:

AZASF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.06
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Arizona Gold & Silver was 0.06. The lowest was 0.01. And the median was 0.02.

AZASF's Debt-to-Equity is ranked better than
76.49% of 1238 companies
in the Metals & Mining industry
Industry Median: 0.14 vs AZASF: 0.03

Arizona Gold & Silver Debt-to-Equity Historical Data

The historical data trend for Arizona Gold & Silver'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.

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Arizona Gold & Silver Debt-to-Equity Chart

Arizona Gold & Silver Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Debt-to-Equity

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0.01

Arizona Gold & Silver Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.06	-	-	-

Competitive Comparison of Arizona Gold & Silver's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Arizona Gold & Silver'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.

Arizona Gold & Silver's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Arizona Gold & Silver's Debt-to-Equity falls into.

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Arizona Gold & Silver Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arizona Gold & Silver's Debt to Equity Ratio for the fiscal year that ended in Aug. 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)	/	4.918
	=	0.00

Arizona Gold & Silver's Debt to Equity Ratio for the quarter that ended in Nov. 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)	/	8.232
	=	0.00

Arizona Gold & Silver (OTCPK:AZASF) 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.

Arizona Gold & Silver Debt-to-Equity Related Terms

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Arizona Gold & Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arizona Gold & Silver Inc (OTCPK:AZASF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

A9J0:Germany AZS:Canada

Address

777 Hornby Street, Suite 900, Vancouver, BC, CAN, V6Z 1S4

Website

https://www.arizonasilverexploration.com

Arizona Gold & Silver Inc is a young exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The flagship asset is the Philadelphia gold-silver property where the Company is drilling off an epithermal gold-silver system. Its projects include Philadelphia Property, Silverton Gold Project and Sycamore Canyon Project.