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Bellevue Gold (Bellevue Gold) Debt-to-Equity : 0.59 (As of Dec. 2023)


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What is Bellevue Gold Debt-to-Equity?

Bellevue Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16.39 Mil. Bellevue Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $158.01 Mil. Bellevue Gold's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $294.88 Mil. Bellevue Gold's debt to equity for the quarter that ended in Dec. 2023 was 0.59.

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 Bellevue Gold's Debt-to-Equity or its related term are showing as below:

BELGF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.59
Current: 0.59

During the past 13 years, the highest Debt-to-Equity Ratio of Bellevue Gold was 0.59. The lowest was 0.00. And the median was 0.01.

BELGF's Debt-to-Equity is ranked worse than
77.94% of 1310 companies
in the Metals & Mining industry
Industry Median: 0.13 vs BELGF: 0.59

Bellevue Gold Debt-to-Equity Historical Data

The historical data trend for Bellevue Gold'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.

Bellevue Gold Debt-to-Equity Chart

Bellevue Gold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 - 0.31

Bellevue Gold Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 0.09 0.31 0.59

Competitive Comparison of Bellevue Gold's Debt-to-Equity

For the Gold subindustry, Bellevue Gold'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.


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

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

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



Bellevue Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bellevue Gold's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Bellevue Gold's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Bellevue Gold  (OTCPK:BELGF) 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.


Bellevue Gold Debt-to-Equity Related Terms

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


Bellevue Gold (Bellevue Gold) Business Description

Traded in Other Exchanges
Address
24 Outram Street, Ground Floor, West Perth, Perth, WA, AUS, 6005
Bellevue Gold Ltd is a gold exploration company. Its single operating segment being the exploration and evaluation of minerals in Australia. The company projects include the Bellevue Gold Project which is located in the northwest of Kalgoorlie in Western Australia, the Kathleen Valley Project, and the South Yandal Gold Project.

Bellevue Gold (Bellevue Gold) Headlines