GNSMF (Morocco Strategic Minerals) Debt-to-Equity : 0.01 (As of Jan. 2025)

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What is Morocco Strategic Minerals Debt-to-Equity?

Morocco Strategic Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was $0.01 Mil. Morocco Strategic Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was $0.05 Mil. Morocco Strategic Minerals's Total Stockholders Equity for the quarter that ended in Jan. 2025 was $4.45 Mil. Morocco Strategic Minerals's debt to equity for the quarter that ended in Jan. 2025 was 0.01.

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 Morocco Strategic Minerals's Debt-to-Equity or its related term are showing as below:

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

During the past 7 years, the highest Debt-to-Equity Ratio of Morocco Strategic Minerals was 0.01. The lowest was 0.01. And the median was 0.01.

GNSMF's Debt-to-Equity is ranked better than
99.92% of 1234 companies
in the Metals & Mining industry
Industry Median: 0.14 vs GNSMF: 0.01

Morocco Strategic Minerals Debt-to-Equity Historical Data

The historical data trend for Morocco Strategic Minerals'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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Morocco Strategic Minerals Debt-to-Equity Chart

Morocco Strategic Minerals Annual Data

Trend

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Debt-to-Equity

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0.01

Morocco Strategic Minerals Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	0.01	0.01

Competitive Comparison of Morocco Strategic Minerals's Debt-to-Equity

For the Gold subindustry, Morocco Strategic Minerals'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.

Morocco Strategic Minerals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Morocco Strategic Minerals's Debt-to-Equity falls into.

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Morocco Strategic Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Morocco Strategic Minerals's Debt to Equity Ratio for the fiscal year that ended in Jul. 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	+	0)	/	4.252
	=	0.00

Morocco Strategic Minerals's Debt to Equity Ratio for the quarter that ended in Jan. 2025 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
	=	(0.009	+	0.049)	/	4.447
	=	0.01

Morocco Strategic Minerals (OTCPK:GNSMF) 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.

Morocco Strategic Minerals Debt-to-Equity Related Terms

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Morocco Strategic Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Morocco Strategic Minerals Corp (OTCPK:GNSMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0FU0:Germany 0FU0:Germany MCC:Canada

Address

68 Av. de la Gare, Suite 205, Saint-Sauveur, Montreal, QC, CAN, J0R 1R0

Website

https://www.geniusmetals.com

Morocco Strategic Minerals Corp, formerly Genius Metals Inc is engaged in the acquisition and exploration of gold and other mineral properties. The company operates through various projects including Sakami; Iserhoff; Meaghers; Nova Scotia; Dissimieux; and others. The company generates more revenue from gold projects.