MLYCF (Multi-Metal Development) Debt-to-Equity: 0.29 (As of Mar. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Multi-Metal Development Debt-to-Equity?

Multi-Metal Development MLYCF Debt-to-Equity is 0.29 as of Mar. 2023.

Multi-Metal Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $3.52 Mil. Multi-Metal Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $4.86 Mil. Multi-Metal Development's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $29.26 Mil. Multi-Metal Development's debt to equity for the quarter that ended in Mar. 2023 was 0.29.

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 Multi-Metal Development's Debt-to-Equity or its related term are showing as below:

MLYCF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

Multi-Metal Development  (OTCPK:MLYCF) 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.

Multi-Metal Development Debt-to-Equity Related Terms

Multi-Metal Development Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Multi-Metal Development'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.

Multi-Metal Development Debt-to-Equity Chart

Multi-Metal Development Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.80 1.01 1.01 0.78

Multi-Metal Development Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.79 0.78 0.76 0.82 0.29

MLYCF vs SVBL, LBRMF, LTUM: Debt-to-Equity Comparison

For the Other Industrial Metals & Mining subindustry, Multi-Metal Development'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.

Multi-Metal Development Debt-to-Equity vs Metals & Mining Industry

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

* The bar in red indicates where Multi-Metal Development's Debt-to-Equity falls into.


Multi-Metal Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Multi-Metal Development's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 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
=(3.732 + 4.811) / 11.001
=0.78

Multi-Metal Development's Debt to Equity Ratio for the quarter that ended in Mar. 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
=(3.523 + 4.86) / 29.26
=0.29

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.29 mean?
Multi-Metal Development (MLYCF) has a Debt-to-Equity of 0.29 as of Mar. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Multi-Metal Development and its competitors.
Is Multi-Metal Development's Debt-to-Equity too high?
Multi-Metal Development's current Debt-to-Equity is 0.29. The Metals & Mining industry median Debt-to-Equity is 0.15. Multi-Metal Development's value of 0.29 is 93.3% above this industry median.
How does Multi-Metal Development's Debt-to-Equity compare to SVBL and LBRMF?
Multi-Metal Development's Debt-to-Equity of 0.29 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-Equity is 0.15. Multi-Metal Development's value of 0.29 is 93.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,222 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Multi-Metal Development's current Debt-to-Equity of 0.29 is 93.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Multi-Metal Development and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multi-Metal Development's current Debt-to-Equity is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi-Metal Development stock overvalued right now?
Multi-Metal Development (MLYCF) has a current Debt-to-Equity of 0.29. The current Debt-to-Equity is 0.29 and 93.3% above the Metals & Mining industry median of 0.15. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Multi-Metal Development (MLYCF), the current Debt-to-Equity is 0.29 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Multi-Metal Development Business Description

Address 638 Millbank, Vancouver, BC, CAN, V5Z 4B7
Multi-Metal Development Ltd is a Canadian-based mining company. It is advancing two projects the CuMo Project in Idaho and its newly-acquired Bleiberg Project in Austria.