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Canstar Resources (FRA:9IU) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Canstar Resources Debt-to-Equity?

Canstar Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. Canstar Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. Canstar Resources's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €0.47 Mil. Canstar Resources's debt to equity for the quarter that ended in Mar. 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 Canstar Resources's Debt-to-Equity or its related term are showing as below:

FRA:9IU'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.

Canstar Resources Debt-to-Equity Historical Data

The historical data trend for Canstar Resources'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.

Canstar Resources Debt-to-Equity Chart

Canstar Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
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Canstar Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Canstar Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Canstar Resources'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.


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

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

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



Canstar Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Canstar Resources's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Canstar Resources's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Canstar Resources  (FRA:9IU) 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.


Canstar Resources Debt-to-Equity Related Terms

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


Canstar Resources (FRA:9IU) Business Description

Traded in Other Exchanges
Address
220 Bay Street, Suite 550, Toronto, ON, CAN, M5J 2W4
Canstar Resources Inc is focused on creating shareholder value through the discovery and development of economic mineral deposits in Newfoundland and Labrador, Canada. The company has an option to acquire a 100% interest in the Golden Baie Project in south-central Newfoundland, a claim package with recently discovered, multiple outcropping gold occurrences on a structural trend. It also holds the Buchans-Mary March project and other mineral exploration properties in Newfoundland.

Canstar Resources (FRA:9IU) Headlines

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