1911 Gold (FRA:2KY) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is 1911 Gold Debt-to-Equity?

1911 Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.00 Mil. 1911 Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.00 Mil. 1911 Gold's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €20.01 Mil. 1911 Gold's debt to equity for the quarter that ended in Sep. 2024 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 1911 Gold's Debt-to-Equity or its related term are showing as below:

FRA:2KY'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.

1911 Gold Debt-to-Equity Historical Data

The historical data trend for 1911 Gold'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.

1911 Gold Debt-to-Equity Chart

1911 Gold Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1911 Gold Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of 1911 Gold's Debt-to-Equity

For the Gold subindustry, 1911 Gold'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.

1911 Gold's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 1911 Gold's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 1911 Gold's Debt-to-Equity falls into.

1911 Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

1911 Gold'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
	=	(0	+	0)	/	20.864
	=	0.00

1911 Gold's Debt to Equity Ratio for the quarter 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	+	0)	/	20.009
	=	0.00

1911 Gold (FRA:2KY) 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.

1911 Gold Debt-to-Equity Related Terms

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1911 Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » 1911 Gold Corp (FRA:2KY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AUMBF:USA AUMB:Canada

Address

400 Burrard Street, Suite 1050, Vancouver, BC, CAN, V6C 3A6

Website

https://www.1911gold.com

1911 Gold Corp is engaged in the exploration and extraction of precious metals. The company owns and operates the Rice Lake property which holds the True North gold mine and mill, as well as the Apex property near Snow Lake, Manitoba, and the Denton-Keefer property near Timmins, Ontario. It has one operating segment, the Rice Lake property, which is located in Manitoba, Canada.

1911 Gold Headlines

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