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GTMLF (Green Technology Metals) Debt-to-Equity : 0.00 (As of Dec. 2024)


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What is Green Technology Metals Debt-to-Equity?

Green Technology Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.18 Mil. Green Technology Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.08 Mil. Green Technology Metals's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $66.14 Mil. Green Technology Metals's debt to equity for the quarter that ended in Dec. 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 Green Technology Metals's Debt-to-Equity or its related term are showing as below:

During the past 3 years, the highest Debt-to-Equity Ratio of Green Technology Metals was 0.01. The lowest was 0.00. And the median was 0.00.

GTMLF'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.

Green Technology Metals Debt-to-Equity Historical Data

The historical data trend for Green Technology 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.

Green Technology Metals Debt-to-Equity Chart

Green Technology Metals Annual Data
Trend Jun22 Jun23 Jun24
Debt-to-Equity
- 0.01 0.01

Green Technology Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-Equity Get a 7-Day Free Trial - 0.01 0.01 0.01 -

Competitive Comparison of Green Technology Metals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Green Technology 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.

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

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

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


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Green Technology Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Green Technology Metals's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
=(0.24 + 0.106) / 63.169
=0.01

Green Technology Metals's Debt to Equity Ratio for the quarter that ended in Dec. 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
=(0.175 + 0.075) / 66.142
=0.00

* 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.

Green Technology Metals  (OTCPK:GTMLF) 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.

Green Technology Metals Debt-to-Equity Related Terms

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

Green Technology Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Green Technology Metals Ltd (OTCPK:GTMLF) » Definitions » Debt-to-Equity
Comparable Companies
ASX:ACP ASX:MLS ASX:HIO ASX:LM1 ASX:JAV ASX:JLL ASX:RWD ASX:MGT ASX:CAV ASX:CC9 ASX:BHP ASX:RIO LSE:RIO SAU:1211 LSE:GLEN BSP:VALE3 MEX:GMEXICOB LSE:AAL ASX:FMG BOM:500188
Traded in Other Exchanges
GT1:Australia
Address
338 Barker Road, Level 1, Subiaco, Perth, WA, AUS, 6008
Website
https://www.greentm.com.au
Green Technology Metals Ltd is an exploration and development company focused on the discovery and development of lithium projects. The company focuses on lithium projects namely Root Lake and Seymour Lake. The company has one reportable segment mineral exploration and development in Canada.

Green Technology Metals Headlines

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