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Founders Metals (FRA:9DL0) Debt-to-Equity : 0.00 (As of Nov. 2024)


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What is Founders Metals Debt-to-Equity?

Founders Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was €0.00 Mil. Founders Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was €0.00 Mil. Founders Metals's Total Stockholders Equity for the quarter that ended in Nov. 2024 was €43.16 Mil. Founders Metals's debt to equity for the quarter that ended in Nov. 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 Founders Metals's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Founders Metals was -2.81. The lowest was -2.81. And the median was -2.81.

FRA:9DL0'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.

Founders Metals Debt-to-Equity Historical Data

The historical data trend for Founders 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.

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Founders Metals Debt-to-Equity Chart

Founders Metals Annual Data
Trend Aug06 Aug07 Aug08 Aug09 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Debt-to-Equity
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Founders Metals Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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Competitive Comparison of Founders Metals's Debt-to-Equity

For the Gold subindustry, Founders 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.


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

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

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



Founders Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Founders Metals's Debt to Equity Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Founders Metals's Debt to Equity Ratio for the quarter that ended in Nov. 2024 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.


Founders Metals  (FRA:9DL0) 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.


Founders Metals Debt-to-Equity Related Terms

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


Founders Metals Business Description

Traded in Other Exchanges
Address
250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9
Founders Metals Inc is a mineral exploration company specializing in acquiring and developing mineral resource assets. The Company focuses on acquiring and advancing gold projects in the Guiana Shield.

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