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Champion Electric Metals (FRA:1QB0) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Champion Electric Metals Debt-to-Equity?

Champion Electric Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Champion Electric Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Champion Electric Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1.77 Mil. Champion Electric Metals's debt to equity for the quarter that ended in Dec. 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 Champion Electric Metals's Debt-to-Equity or its related term are showing as below:

FRA:1QB0' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.34   Med: -0.07   Max: 0.06
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Champion Electric Metals was 0.06. The lowest was -0.34. And the median was -0.07.

FRA:1QB0's Debt-to-Equity is ranked better than
82.85% of 1300 companies
in the Metals & Mining industry
Industry Median: 0.13 vs FRA:1QB0: 0.02

Champion Electric Metals Debt-to-Equity Historical Data

The historical data trend for Champion Electric Metals'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.

Champion Electric Metals Debt-to-Equity Chart

Champion Electric Metals 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 -0.04 0.03 -0.08 0.06 -

Champion Electric Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 0.19 0.06 0.03 - -

Competitive Comparison of Champion Electric Metals's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Champion Electric Metals'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.


Champion Electric Metals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Champion Electric Metals's Debt-to-Equity falls into.



Champion Electric Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Champion Electric Metals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Champion Electric Metals's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Champion Electric Metals  (FRA:1QB0) 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.


Champion Electric Metals Debt-to-Equity Related Terms

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


Champion Electric Metals (FRA:1QB0) Business Description

Traded in Other Exchanges
Address
401 Bay Street, Suite 2704, Toronto, ON, CAN, M5H 2Y4
Champion Electric Metals Inc is a discovery-focused exploration company that is committed to advancing its prospective lithium properties in Quebec, Canada, and cobalt properties in Idaho, United States. In addition, the Company owns the Baner gold project in Idaho County and the Champagne polymetallic project in Butte County near Arco.

Champion Electric Metals (FRA:1QB0) Headlines

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