HHSRF (Hi Ho Silver Resources) Debt-to-Equity: -0.94 (As of Apr. 2021)

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What is Hi Ho Silver Resources Debt-to-Equity?

Hi Ho Silver Resources HHSRF -99.75% Debt-to-Equity is -0.94 as of Apr. 2021.

Hi Ho Silver Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2021 was $0.06 Mil. Hi Ho Silver Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2021 was $0.12 Mil. Hi Ho Silver Resources's Total Stockholders Equity for the quarter that ended in Apr. 2021 was $-0.20 Mil. Hi Ho Silver Resources's debt to equity for the quarter that ended in Apr. 2021 was -0.94.

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 Hi Ho Silver Resources's Debt-to-Equity or its related term are showing as below:

HHSRF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

Hi Ho Silver Resources  (OTCPK:HHSRF) 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.

Hi Ho Silver Resources Debt-to-Equity Related Terms

Hi Ho Silver Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Hi Ho Silver Resources'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.

Hi Ho Silver Resources Debt-to-Equity Chart

Hi Ho Silver Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 -0.14 0.15 -0.73 -1.10

Hi Ho Silver Resources Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 -2.22 -1.10 -0.95 -0.82 -0.94

Hi Ho Silver Resources Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Hi Ho Silver Resources'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.

Hi Ho Silver Resources Debt-to-Equity vs Metals & Mining Industry

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

* The bar in red indicates where Hi Ho Silver Resources's Debt-to-Equity falls into.


Hi Ho Silver Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hi Ho Silver Resources's Debt to Equity Ratio for the fiscal year that ended in Jul. 2020 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
=(0.239 + 0.081) / -0.29
=-1.10

Hi Ho Silver Resources's Debt to Equity Ratio for the quarter that ended in Apr. 2021 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
=(0.064 + 0.122) / -0.198
=-0.94

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.94 mean?
Hi Ho Silver Resources (HHSRF) has a Debt-to-Equity of -0.94 as of Apr. 2021. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hi Ho Silver Resources and its competitors.
Is Hi Ho Silver Resources' Debt-to-Equity too high?
Hi Ho Silver Resources' current Debt-to-Equity is -0.94.
How does Hi Ho Silver Resources' Debt-to-Equity compare to competitors?
Hi Ho Silver Resources' Debt-to-Equity of -0.94 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-Equity is 0.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,222 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hi Ho Silver Resources and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi Ho Silver Resources's current Debt-to-Equity is -0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi Ho Silver Resources stock overvalued right now?
Hi Ho Silver Resources (HHSRF) has a current Debt-to-Equity of -0.94. The current Debt-to-Equity is -0.94. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Hi Ho Silver Resources (HHSRF), the current Debt-to-Equity is -0.94 as of Apr. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hi Ho Silver Resources Business Description

Address Maple Ridge Square, P.O. Box 21199, Maple Ridge, BC, CAN, V2X 1P7
Hi Ho Silver Resources Inc is a Canadian based exploration company. It is engaged in the acquisition and exploration of mineral properties in British Columbia, Newfoundland, Labrador, and California. The company holds an interest in Norbeau Gold Property, Fairview South Okanagan Property, and Illite Clay project.