BRVRF (Blue River Resources) Debt-to-Equity: -0.07 (As of Jul. 2023)

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What is Blue River Resources Debt-to-Equity?

Blue River Resources BRVRF -99.93% Debt-to-Equity is -0.07 as of Jul. 2023.

Blue River Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was $0.06 Mil. Blue River Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was $0.00 Mil. Blue River Resources's Total Stockholders Equity for the quarter that ended in Jul. 2023 was $-0.87 Mil. Blue River Resources's debt to equity for the quarter that ended in Jul. 2023 was -0.07.

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 Blue River Resources's Debt-to-Equity or its related term are showing as below:

BRVRF'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.

Blue River Resources  (OTCPK:BRVRF) 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.

Blue River Resources Debt-to-Equity Related Terms

Blue River Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Blue River 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.

Blue River Resources Debt-to-Equity Chart

Blue River Resources Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.50 -0.45 -0.44 -0.63 -0.53

Blue River Resources Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 -0.05 -0.53 -0.08 -0.08 -0.07

BRVRF vs FCX, SCCO: Debt-to-Equity Comparison

For the Copper subindustry, Blue River 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.

Blue River Resources Debt-to-Equity vs Metals & Mining Industry

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

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


Blue River Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blue River Resources's Debt to Equity Ratio for the fiscal year that ended in Oct. 2022 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
=(0.348 + 0) / -0.657
=-0.53

Blue River Resources's Debt to Equity Ratio for the quarter that ended in Jul. 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
=(0.061 + 0) / -0.871
=-0.07

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.07 mean?
Blue River Resources (BRVRF) has a Debt-to-Equity of -0.07 as of Jul. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Blue River Resources and its competitors.
Is Blue River Resources' Debt-to-Equity too high?
Blue River Resources' current Debt-to-Equity is -0.07.
How does Blue River Resources' Debt-to-Equity compare to FCX and SCCO?
Blue River Resources' Debt-to-Equity of -0.07 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-Equity is 0.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.14, based on 1,223 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Blue River Resources and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue River Resources's current Debt-to-Equity is -0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue River Resources stock overvalued right now?
Blue River Resources (BRVRF) has a current Debt-to-Equity of -0.07. The current Debt-to-Equity is -0.07. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Blue River Resources (BRVRF), the current Debt-to-Equity is -0.07 as of Jul. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blue River Resources Business Description

Address 1128 Alberni Street, Suite 2607, Vancouver, BC, CAN, V6E 4R6
Blue River Resources Ltd is a mineral exploration company, which engages in the acquisition, exploration, and development of mineral resource properties. The firm explores copper and gold deposits. Its portfolio includes the following: SWB Mining Claims in Ontario and Castle Copper Project in British Columbia.