Klondike Gold (Klondike Gold) Debt-to-Equity : 0.01 (As of Nov. 2023)

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What is Klondike Gold Debt-to-Equity?

Klondike Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.12 Mil. Klondike Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.03 Mil. Klondike Gold's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $22.30 Mil. Klondike Gold's debt to equity for the quarter that ended in Nov. 2023 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 Klondike Gold's Debt-to-Equity or its related term are showing as below:

KDKGF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.15
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Klondike Gold was 0.15. The lowest was 0.01. And the median was 0.02.

KDKGF's Debt-to-Equity is ranked better than
99.92% of 1310 companies
in the Metals & Mining industry
Industry Median: 0.13 vs KDKGF: 0.01

Klondike Gold Debt-to-Equity Historical Data

The historical data trend for Klondike 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.

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Klondike Gold Debt-to-Equity Chart

Klondike Gold Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-Equity

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0.03

0.02

0.01

Klondike Gold Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

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

For the Gold subindustry, Klondike 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.

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

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

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

Klondike Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Klondike Gold's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(0.11	+	0.119)	/	21.486
	=	0.01

Klondike Gold's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(0.115	+	0.03)	/	22.302
	=	0.01

Klondike Gold (OTCPK:KDKGF) 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.

Klondike Gold Debt-to-Equity Related Terms

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Klondike Gold (Klondike Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Klondike Gold Corp (OTCPK:KDKGF) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

LBDP:Germany KG:Canada

Address

595 Burrard Street, Suite 3123, P.O. Box 49195, Vancouver, BC, CAN, V7X 1J1

Website

https://www.klondikegoldcorp.com

Klondike Gold Corp is a Vancouver based gold exploration company advancing its 100%-owned Klondike District Gold Project located at Dawson City, Yukon Territory. The Klondike District Gold Project targets gold associated with district scale orogenic faults along the 55-kilometer length of the famous Klondike Goldfields placer district. To date, multi-kilometer gold mineralization has been identified at both the Lone Star Zone and Stander Zone, among other targets. The company is focused on exploration and development of its 586 square kilometer property accessible by scheduled airline and government-maintained roads located on the outskirts of Dawson City, YT within the Tr'ondek Hwech'in First Nation traditional territory.