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MKRIF (Melkior Resources) Debt-to-Equity : 0.00 (As of Nov. 2024)


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What is Melkior Resources Debt-to-Equity?

Melkior Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was $0.00 Mil. Melkior Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was $0.00 Mil. Melkior Resources's Total Stockholders Equity for the quarter that ended in Nov. 2024 was $11.35 Mil. Melkior Resources's debt to equity for the quarter that ended in Nov. 2024 was 0.00.

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

MKRIF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Melkior Resources Debt-to-Equity Historical Data

The historical data trend for Melkior 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.

Melkior Resources Debt-to-Equity Chart

Melkior Resources Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Debt-to-Equity
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Melkior Resources Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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Competitive Comparison of Melkior Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Melkior 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.


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

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

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


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Melkior Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Melkior Resources's Debt to Equity Ratio for the quarter that ended in Nov. 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.


Melkior Resources  (OTCPK:MKRIF) 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.


Melkior Resources Debt-to-Equity Related Terms

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


Melkior Resources Business Description

Traded in Other Exchanges
Address
66 Brousseau Avenue, Suite 207, Timmins, ON, CAN, P4N 5Y2
Melkior Resources Inc is a mineral exploration company. It is engaged in the acquisition and exploration of mining properties. Its exploration includes gold, base metal, and others. Its projects include the Carscallen Project, Val d'Or Project, Genex Project, and others.

Melkior Resources Headlines

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