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Euro Ressources (Euro Ressources) Debt-to-Equity : 0.00 (As of Sep. 2023)


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What is Euro Ressources Debt-to-Equity?

Euro Ressources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Euro Ressources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Euro Ressources's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $42.34 Mil. Euro Ressources's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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 Euro Ressources's Debt-to-Equity or its related term are showing as below:

ERRSF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Euro Ressources Debt-to-Equity Historical Data

The historical data trend for Euro Ressources'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.

Euro Ressources Debt-to-Equity Chart

Euro Ressources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
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Euro Ressources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Euro Ressources's Debt-to-Equity

For the Gold subindustry, Euro Ressources'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.


Euro Ressources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Euro Ressources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Euro Ressources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Euro Ressources's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Euro Ressources  (OTCPK:ERRSF) 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.


Euro Ressources Debt-to-Equity Related Terms

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


Euro Ressources (Euro Ressources) Business Description

Traded in Other Exchanges
Address
23, Rue du Roule, Paris, FRA, 75001
Euro Ressources SA is a France-based company focused on precious-metal royalties. The company owns royalty interest in the Rosebel gold mine which is located in Suriname. Geographically group functions all its business activity through Canada. Revenue for the firm is generated through royalty interest from the Rosebel gold mine.

Euro Ressources (Euro Ressources) Headlines

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