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First Phosphate (FRA:KD0) Debt-to-Equity : 0.00 (As of Nov. 2024)


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What is First Phosphate Debt-to-Equity?

First Phosphate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was €0.00 Mil. First Phosphate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was €0.00 Mil. First Phosphate's Total Stockholders Equity for the quarter that ended in Nov. 2024 was €3.42 Mil. First Phosphate'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 First Phosphate's Debt-to-Equity or its related term are showing as below:

During the past 11 years, the highest Debt-to-Equity Ratio of First Phosphate was 0.32. The lowest was 0.32. And the median was 0.32.

FRA:KD0's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

First Phosphate Debt-to-Equity Historical Data

The historical data trend for First Phosphate'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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First Phosphate Debt-to-Equity Chart

First Phosphate Annual Data
Trend Feb09 Feb10 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Equity
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First Phosphate 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 First Phosphate's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, First Phosphate'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.


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

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

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


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First Phosphate Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Phosphate's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 is calculated as

First Phosphate'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.


First Phosphate  (FRA:KD0) 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.


First Phosphate Debt-to-Equity Related Terms

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


First Phosphate Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material (CAM) for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.

First Phosphate Headlines

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