Surge Copper (FRA:G6D2) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Surge Copper Debt-to-Equity?

Surge Copper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.02 Mil. Surge Copper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.04 Mil. Surge Copper's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €30.93 Mil. Surge Copper'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 Surge Copper's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Surge Copper was 0.05. The lowest was 0.00. And the median was 0.00.

FRA:G6D2'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.

Surge Copper Debt-to-Equity Historical Data

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

Surge Copper Annual Data

Trend

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Mar23

Debt-to-Equity

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Surge Copper Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Surge Copper's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Surge Copper'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.

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

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

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

Surge Copper Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Surge Copper's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.017	+	0.055)	/	30.512
	=	0.00

Surge Copper's Debt to Equity Ratio for the quarter 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
	=	(0.017	+	0.043)	/	30.932
	=	0.00

Surge Copper (FRA:G6D2) 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.

Surge Copper Debt-to-Equity Related Terms

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Surge Copper (FRA:G6D2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Surge Copper Corp (FRA:G6D2) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

SRGXF:USA G6D2:Germany SURG:Canada

Address

888-700 West Georgia Street, PO Box 10351, Vancouver, BC, CAN, V7Y 1G5

Website

https://www.surgecopper.com

Surge Copper Corp is engaged in the acquisition, exploration, and development of mineral properties hosting copper, gold, silver, and molybdenum prospects. The firm owns Ootsa Property, located in central British Columbia. The Company owns a 100% interest in the Ootsa Property, an exploration project containing the East Seel, West Seel, and Ox porphyry deposits located adjacent to the open pit Huckleberry Copper Mine, owned by Imperial Metals.

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