MegaWatt Lithium and Battery Metals (HAM:WR2) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is MegaWatt Lithium and Battery Metals Debt-to-Equity?

MegaWatt Lithium and Battery Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.05 Mil. MegaWatt Lithium and Battery Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. MegaWatt Lithium and Battery Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €0.72 Mil. MegaWatt Lithium and Battery Metals's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 MegaWatt Lithium and Battery Metals's Debt-to-Equity or its related term are showing as below:

HAM:WR2' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.11 Max: 0.15
Current: 0.07

During the past 6 years, the highest Debt-to-Equity Ratio of MegaWatt Lithium and Battery Metals was 0.15. The lowest was 0.07. And the median was 0.11.

HAM:WR2's Debt-to-Equity is ranked better than
60.75% of 1302 companies
in the Metals & Mining industry
Industry Median: 0.13 vs HAM:WR2: 0.07

MegaWatt Lithium and Battery Metals Debt-to-Equity Historical Data

The historical data trend for MegaWatt Lithium and Battery 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.

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MegaWatt Lithium and Battery Metals Debt-to-Equity Chart

MegaWatt Lithium and Battery Metals Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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MegaWatt Lithium and Battery Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	0.07

Competitive Comparison of MegaWatt Lithium and Battery Metals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, MegaWatt Lithium and Battery 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.

MegaWatt Lithium and Battery Metals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where MegaWatt Lithium and Battery Metals's Debt-to-Equity falls into.

MegaWatt Lithium and Battery Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MegaWatt Lithium and Battery Metals's Debt to Equity Ratio for the fiscal year that ended in Sep. 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	+	0)	/	20.058
	=	0.00

MegaWatt Lithium and Battery Metals's Debt to Equity Ratio for the quarter 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
	=	(0.051	+	0)	/	0.72
	=	0.07

MegaWatt Lithium and Battery Metals (HAM:WR2) 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.

MegaWatt Lithium and Battery Metals Debt-to-Equity Related Terms

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

MegaWatt Lithium and Battery Metals (HAM:WR2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MegaWatt Lithium and Battery Metals Corp (HAM:WR2) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WALRD:USA WR2:Germany MEGA:Canada

Address

1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7

Website

https://www.megawattmetals.com

MegaWatt Lithium and Battery Metals Corp is involved in the acquisition and exploration of mineral properties in Canada. It holds an interest in the Cobalt Hill property located in the Trail Creek Mining Division in the Province of British Columbia, Canada.

MegaWatt Lithium and Battery Metals (HAM:WR2) Headlines

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