Lion Rock Resources (FRA:KGB) Debt-to-Equity : -0.16 (As of Sep. 2024)

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What is Lion Rock Resources Debt-to-Equity?

Lion Rock Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.08 Mil. Lion Rock Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.00 Mil. Lion Rock Resources's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €-0.52 Mil. Lion Rock Resources's debt to equity for the quarter that ended in Sep. 2024 was -0.16.

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 Lion Rock Resources's Debt-to-Equity or its related term are showing as below:

FRA:KGB' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.91 Med: -0.17 Max: 6.45
Current: -0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Lion Rock Resources was 6.45. The lowest was -0.91. And the median was -0.17.

FRA:KGB's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs FRA:KGB: -0.16

Lion Rock Resources Debt-to-Equity Historical Data

The historical data trend for Lion Rock 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.

Lion Rock Resources Debt-to-Equity Chart

Lion Rock Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.43

-0.19

0.20

-0.17

Lion Rock Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.07	-0.17	-0.90	-0.27	-0.16

Competitive Comparison of Lion Rock Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Lion Rock 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.

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

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

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

Lion Rock Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lion Rock Resources's Debt to Equity Ratio for the fiscal year 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
	=	(0.085	+	0)	/	-0.496
	=	-0.17

Lion Rock Resources's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.082	+	0)	/	-0.519
	=	-0.16

Lion Rock Resources (FRA:KGB) 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.

Lion Rock Resources Debt-to-Equity Related Terms

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Lion Rock Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lion Rock Resources Inc (FRA:KGB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KBGCF:USA ROAR:Canada

Address

200 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 3L6

Website

https://www.lionrockresources.com

Lion Rock Resources Inc is an exploration company focused on the exploration and development of the Maybrun property, a gold-copper project located approximately 80 km southeast of Kenora, Ontario. The Company operates in one business segment which is the exploration and development of resource properties.

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