URU Metals (FRA:NVRA) Debt-to-Equity : -0.14 (As of Mar. 2024)

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What is URU Metals Debt-to-Equity?

URU Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.64 Mil. URU Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. URU Metals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €-4.46 Mil. URU Metals's debt to equity for the quarter that ended in Mar. 2024 was -0.14.

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 URU Metals's Debt-to-Equity or its related term are showing as below:

FRA:NVRA' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.24 Med: -0.01 Max: 0.46
Current: -0.14

During the past 13 years, the highest Debt-to-Equity Ratio of URU Metals was 0.46. The lowest was -2.24. And the median was -0.01.

FRA:NVRA's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs FRA:NVRA: -0.14

URU Metals Debt-to-Equity Historical Data

The historical data trend for URU Metals'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.

URU Metals Debt-to-Equity Chart

URU Metals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.12

0.47

-2.23

-0.14

URU Metals Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.47	1.35	-2.23	-1.32	-0.14

Competitive Comparison of URU Metals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, URU Metals'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.

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

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

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

URU Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

URU Metals's Debt to Equity Ratio for the fiscal year 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
	=	(0.642	+	0)	/	-4.461
	=	-0.14

URU Metals'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
	=	(0.642	+	0)	/	-4.461
	=	-0.14

URU Metals (FRA:NVRA) 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.

URU Metals Debt-to-Equity Related Terms

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URU Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » URU Metals Ltd (FRA:NVRA) » Definitions » Debt-to-Equity

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URU:UK

Address

4 King Street West, Suite 401, Toronto, ON, CAN, M5H 1A1

Website

https://www.urumetals.com

URU Metals Ltd is an active investment and project development company. Its primary activities are the exploration and development of mineral properties in South Africa. The company's primary objective is to develop a portfolio of high-growth demand metals that offer the potential to deliver substantial shareholder value. The company's primary reporting segments are identified as the Exploration segment which includes obtaining licenses and exploring these license areas and the Other segments which include all group administration and procurement.

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