Highland Copper Co (FRA:C3H1) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Highland Copper Co Debt-to-Equity?

Highland Copper Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. Highland Copper Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1.53 Mil. Highland Copper Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €51.36 Mil. Highland Copper Co's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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 Highland Copper Co's Debt-to-Equity or its related term are showing as below:

FRA:C3H1' s Debt-to-Equity Range Over the Past 10 Years
Min: -738.81 Med: 0.21 Max: 20.23
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Highland Copper Co was 20.23. The lowest was -738.81. And the median was 0.21.

FRA:C3H1's Debt-to-Equity is ranked better than
75.93% of 1313 companies
in the Metals & Mining industry
Industry Median: 0.13 vs FRA:C3H1: 0.03

Highland Copper Co Debt-to-Equity Historical Data

The historical data trend for Highland Copper Co'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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Highland Copper Co Debt-to-Equity Chart

Highland Copper Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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8.23

-11.37

1.57

Highland Copper Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	0.03

Competitive Comparison of Highland Copper Co's Debt-to-Equity

For the Copper subindustry, Highland Copper Co'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.

Highland Copper Co's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Highland Copper Co's Debt-to-Equity falls into.

Highland Copper Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Highland Copper Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 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)	/	25.826
	=	0.00

Highland Copper Co's Debt to Equity Ratio for the quarter that ended in Mar. 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	+	1.529)	/	51.356
	=	0.03

Highland Copper Co (FRA:C3H1) 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.

Highland Copper Co Debt-to-Equity Related Terms

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Highland Copper Co (FRA:C3H1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Highland Copper Co Inc (FRA:C3H1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HDRSF:USA C3H1:Germany HI:Canada

Address

1055 West Georgia Street West, Suite 1500, Vancouver, BC, CAN, V6E 4N7

Website

https://www.highlandcopper.com

Highland Copper Co Inc is a mineral exploration company principally engaged in the acquisition, exploration, and development of mineral properties. It is a copper development company, focused on sediment-hosted copper projects in the Copper Range District of the Upper Peninsula of Michigan, USA. The projects of the company are the Copperwood project, White pine north project, UPX Property, and Keweenaw project.

Highland Copper Co (FRA:C3H1) Headlines

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