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BHSIF (Bayhorse Silver) Debt-to-Equity : -0.82 (As of Sep. 2024)


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What is Bayhorse Silver Debt-to-Equity?

Bayhorse Silver's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.31 Mil. Bayhorse Silver's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Bayhorse Silver's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-0.38 Mil. Bayhorse Silver's debt to equity for the quarter that ended in Sep. 2024 was -0.82.

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 Bayhorse Silver's Debt-to-Equity or its related term are showing as below:

BHSIF' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.81   Med: -0.59   Max: 7.18
Current: -0.82

During the past 13 years, the highest Debt-to-Equity Ratio of Bayhorse Silver was 7.18. The lowest was -7.81. And the median was -0.59.

BHSIF's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs BHSIF: -0.82

Bayhorse Silver Debt-to-Equity Historical Data

The historical data trend for Bayhorse 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.

* Premium members only.

Bayhorse Silver Debt-to-Equity Chart

Bayhorse Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.61 -1.32 0.52 0.36 0.89

Bayhorse Silver 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 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 0.66 0.89 0.97 4.98 -0.82

Competitive Comparison of Bayhorse Silver's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Bayhorse 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.


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

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

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



Bayhorse Silver Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Bayhorse Silver'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.


Bayhorse Silver  (OTCPK:BHSIF) 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.


Bayhorse Silver Debt-to-Equity Related Terms

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


Bayhorse Silver Business Description

Traded in Other Exchanges
Address
4628 Rumble Street, Burnaby, BC, CAN, V5J 2A7
Bayhorse Silver Inc is a mineral exploration company. The company is engaged in the acquisition and exploration of mineral property interests. It manages and develops gold and silver, base metals and coal mineralization. The company's operations and assets are located in Canada and the USA. Some of the company's projects are Bayhorse Silver Mine Property and Brandywine.

Bayhorse Silver Headlines