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JZRIF (JZR Gold) Debt-to-Equity : 0.18 (As of Dec. 2024)


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What is JZR Gold Debt-to-Equity?

JZR Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1.35 Mil. JZR Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. JZR Gold's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $7.66 Mil. JZR Gold's debt to equity for the quarter that ended in Dec. 2024 was 0.18.

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 JZR Gold's Debt-to-Equity or its related term are showing as below:

JZRIF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.25   Med: 0.11   Max: 0.53
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of JZR Gold was 0.53. The lowest was -0.25. And the median was 0.11.

JZRIF's Debt-to-Equity is ranked worse than
54.6% of 1238 companies
in the Metals & Mining industry
Industry Median: 0.14 vs JZRIF: 0.18

JZR Gold Debt-to-Equity Historical Data

The historical data trend for JZR Gold'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.

JZR Gold Debt-to-Equity Chart

JZR Gold Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.18 0.48 0.25 0.10 0.08

JZR Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.11 0.11 0.08 0.18 0.18

Competitive Comparison of JZR Gold's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, JZR Gold'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.


JZR Gold's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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


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JZR Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JZR Gold's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

JZR Gold's Debt to Equity Ratio for the quarter that ended in Dec. 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.


JZR Gold  (OTCPK:JZRIF) 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.


JZR Gold Debt-to-Equity Related Terms

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


JZR Gold Business Description

Traded in Other Exchanges
Address
404-1688 152nd Street, Surrey, BC, CAN, V4A 4N2
JZR Gold Inc is a mining resource company engaged in the acquisition and development of mineral rights and properties in Canada and Brazil. The company holds interests in mineral properties located in the province of British Columbia, Canada, and the State of Amapa, Brazil. Its flagship property is the Vila Nova Gold Project which is in the development stage. The company also owns the Spider Property in British Columbia, focusing on the gold and silver exploration targets.

JZR Gold Headlines

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