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Fortuna Mining (MEX:FVI N) Debt-to-Equity : 0.14 (As of Mar. 2025)


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What is Fortuna Mining Debt-to-Equity?

Fortuna Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was MXN420 Mil. Fortuna Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was MXN3,628 Mil. Fortuna Mining's Total Stockholders Equity for the quarter that ended in Mar. 2025 was MXN29,873 Mil. Fortuna Mining's debt to equity for the quarter that ended in Mar. 2025 was 0.14.

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 Fortuna Mining's Debt-to-Equity or its related term are showing as below:

MEX:FVI N' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.16   Max: 0.33
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Fortuna Mining was 0.33. The lowest was 0.07. And the median was 0.16.

MEX:FVI N's Debt-to-Equity is ranked better than
50.76% of 1245 companies
in the Metals & Mining industry
Industry Median: 0.15 vs MEX:FVI N: 0.14

Fortuna Mining Debt-to-Equity Historical Data

The historical data trend for Fortuna Mining'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.

Fortuna Mining Debt-to-Equity Chart

Fortuna Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.14 0.19 0.21 0.14

Fortuna Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.18 0.17 0.13 0.14 0.14

Competitive Comparison of Fortuna Mining's Debt-to-Equity

For the Gold subindustry, Fortuna Mining'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.


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

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

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


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Fortuna Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fortuna Mining's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Fortuna Mining's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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.


Fortuna Mining  (MEX:FVI N) 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.


Fortuna Mining Debt-to-Equity Related Terms

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


Fortuna Mining Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 820, Vancouver, BC, CAN, V6E 3V6
Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'Ivoire, Mexico, and Peru. The company's segment consists of Mansfield, Sanu, Sango, Cuzcatlan, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d'Ivoire location.

Fortuna Mining Headlines

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