EMPYF (Empress Royalty) Debt-to-Equity : 0.41 (As of Jun. 2024)

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What is Empress Royalty Debt-to-Equity?

Empress Royalty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $2.94 Mil. Empress Royalty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3.43 Mil. Empress Royalty's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $15.51 Mil. Empress Royalty's debt to equity for the quarter that ended in Jun. 2024 was 0.41.

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 Empress Royalty's Debt-to-Equity or its related term are showing as below:

EMPYF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.19 Max: 0.44
Current: 0.41

During the past 3 years, the highest Debt-to-Equity Ratio of Empress Royalty was 0.44. The lowest was 0.16. And the median was 0.19.

EMPYF's Debt-to-Equity is ranked worse than
71.22% of 1303 companies
in the Metals & Mining industry
Industry Median: 0.13 vs EMPYF: 0.41

Empress Royalty Debt-to-Equity Historical Data

The historical data trend for Empress Royalty'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.

Empress Royalty Debt-to-Equity Chart

Empress Royalty Annual Data

Trend

Sep20

Dec22

Dec23

Debt-to-Equity

0.19

Empress Royalty Quarterly Data
	Jun20	Dec20	Mar21	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial									0.17	0.16	0.19	0.44	0.41

Competitive Comparison of Empress Royalty's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Empress Royalty'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.

Empress Royalty's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Empress Royalty Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Empress Royalty's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(1.229	+	1.713)	/	15.633
	=	0.19

Empress Royalty's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(2.94	+	3.428)	/	15.509
	=	0.41

Empress Royalty (OTCPK:EMPYF) 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.

Empress Royalty Debt-to-Equity Related Terms

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Empress Royalty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Empress Royalty Corp (OTCPK:EMPYF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

53G:Germany EMPR:Canada

Address

1130 West Pender Street, Suite 545, Vancouver, BC, CAN, V6E 4A4

Website

https://www.empressroyalty.com

Empress is a royalty and streaming creation company. Focused on providing investors with a diversified portfolio of gold and silver investments, Empress actively invests in mining companies with development and production stage projects that require additional non-dilutive capital. Strategic partnerships with Endeavour Financial and Terra Capital provide access to global investment opportunities and bring unique mining finance expertise, deal structuring, and access to capital markets.