EMOTF (Emerita Resources) Debt-to-Equity : 0.16 (As of Dec. 2024)

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What is Emerita Resources Debt-to-Equity?

Emerita Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. Emerita Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $4.61 Mil. Emerita Resources's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $29.66 Mil. Emerita Resources's debt to equity for the quarter that ended in Dec. 2024 was 0.16.

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

EMOTF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.73 Med: -0.16 Max: 1.09
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Emerita Resources was 1.09. The lowest was -0.73. And the median was -0.16.

EMOTF's Debt-to-Equity is ranked worse than
52.19% of 1232 companies
in the Metals & Mining industry
Industry Median: 0.14 vs EMOTF: 0.16

Emerita Resources Debt-to-Equity Historical Data

The historical data trend for Emerita 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.

Emerita Resources Debt-to-Equity Chart

Emerita Resources Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Debt-to-Equity

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-0.73

1.09

Emerita Resources Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	1.09	0.16

Competitive Comparison of Emerita Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Emerita 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.

Emerita Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Emerita Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emerita Resources's Debt to Equity Ratio for the fiscal year that ended in Sep. 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	+	4.241)	/	3.889
	=	1.09

Emerita Resources's Debt to Equity Ratio for the quarter that ended in Dec. 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	+	4.607)	/	29.663
	=	0.16

Emerita Resources (OTCPK:EMOTF) 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.

Emerita Resources Debt-to-Equity Related Terms

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

Emerita Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Emerita Resources Corp (OTCPK:EMOTF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LLJA:Germany EMO:Canada

Address

36 Lombard Street, Floor 4, Toronto, ON, CAN, M5C 2X3

Website

https://www.emeritaresources.com

Emerita Resources Corp. is a natural resource company engaged in the acquisition, exploration, research and development of prospective mining properties in the Iberian Pyrite Belt (Spain) with a focus on traditional base metals (zinc, lead and copper) and precious metals (silver and gold). The Company has a 100% interest in the Iberian Belt West (IBW) project. It also holds the Nuevo Tintillo project, both located in the Iberian Pyrite Belt in southern Spain.