GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Opawica Explorations Inc (FRA:OE5) » Definitions » Debt-to-Equity

Opawica Explorations (FRA:OE5) Debt-to-Equity : 0.00 (As of May. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Opawica Explorations Debt-to-Equity?

Opawica Explorations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was €0.00 Mil. Opawica Explorations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was €0.00 Mil. Opawica Explorations's Total Stockholders Equity for the quarter that ended in May. 2024 was €2.64 Mil. Opawica Explorations's debt to equity for the quarter that ended in May. 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 Opawica Explorations's Debt-to-Equity or its related term are showing as below:

FRA:OE5' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.04
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Opawica Explorations was 0.04. The lowest was 0.01. And the median was 0.01.

FRA:OE5's Debt-to-Equity is ranked better than
99.92% of 1252 companies
in the Metals & Mining industry
Industry Median: 0.13 vs FRA:OE5: 0.01

Opawica Explorations Debt-to-Equity Historical Data

The historical data trend for Opawica Explorations'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.

Opawica Explorations Debt-to-Equity Chart

Opawica Explorations Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 0.01 0.01 0.01

Opawica Explorations Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 - -

Competitive Comparison of Opawica Explorations's Debt-to-Equity

For the Gold subindustry, Opawica Explorations'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.


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

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

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



Opawica Explorations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Opawica Explorations's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Opawica Explorations's Debt to Equity Ratio for the quarter that ended in May. 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.


Opawica Explorations  (FRA:OE5) 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.


Opawica Explorations Debt-to-Equity Related Terms

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


Opawica Explorations Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 488, Vancouver, BC, CAN, V6C 2T6
Opawica Explorations Inc is a Canadian-based company engaged in the business of exploration and evaluation of mineral properties. The company owns an interest in several properties including, Arrowhead Gold Property, Bazooka East Gold Property, Bazooka West Gold Property, and others.

Opawica Explorations Headlines

No Headlines