GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kesselrun Resources Ltd (OTCPK:KSSRF) » Definitions » Debt-to-Equity

KSSRF (Kesselrun Resources) Debt-to-Equity : 0.02 (As of Jul. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Kesselrun Resources Debt-to-Equity?

Kesselrun Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $0.10 Mil. Kesselrun Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $0.00 Mil. Kesselrun Resources's Total Stockholders Equity for the quarter that ended in Jul. 2024 was $6.71 Mil. Kesselrun Resources's debt to equity for the quarter that ended in Jul. 2024 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 Kesselrun Resources's Debt-to-Equity or its related term are showing as below:

KSSRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.06
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Kesselrun Resources was 0.06. The lowest was 0.01. And the median was 0.02.

KSSRF's Debt-to-Equity is ranked better than
84.09% of 1251 companies
in the Metals & Mining industry
Industry Median: 0.13 vs KSSRF: 0.02

Kesselrun Resources Debt-to-Equity Historical Data

The historical data trend for Kesselrun 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.

* Premium members only.

Kesselrun Resources Debt-to-Equity Chart

Kesselrun Resources Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.01 0.01 0.01 0.02

Kesselrun Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.01 0.01 0.01 0.01 0.02

Competitive Comparison of Kesselrun Resources's Debt-to-Equity

For the Gold subindustry, Kesselrun 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.


Kesselrun Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Kesselrun Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kesselrun Resources's Debt to Equity Ratio for the fiscal year that ended in Jul. 2024 is calculated as

Kesselrun Resources's Debt to Equity Ratio for the quarter that ended in Jul. 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.


Kesselrun Resources  (OTCPK:KSSRF) 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.


Kesselrun Resources Debt-to-Equity Related Terms

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


Kesselrun Resources Business Description

Traded in Other Exchanges
Address
278 Bay Street, Suite 102, Thunder Bay, ON, CAN, P7B 1R8
Kesselrun Resources Ltd is engaged in the acquisition, exploration, and development of mineral properties. Its principal focus is its Bluffpoint property located in Bluffpoint Lake Township, with portions extending into the townships of Lawrence Lake, Napanee Lake, and Barker Bay in the Kenora Mining Division of Northwestern Ontario. It also holds an interest in the Huronian Property, which is located in Moss Township, Thunder Bay Mining Division, Ontario. the Huronian property is wholly owned by the company and provides gold trends and other materials.