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Madoro Metals (Madoro Metals) Debt-to-Equity : 0.00 (As of Nov. 2023)


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What is Madoro Metals Debt-to-Equity?

Madoro Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. Madoro Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. Madoro Metals's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $0.95 Mil. Madoro Metals's debt to equity for the quarter that ended in Nov. 2023 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 Madoro Metals's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Madoro Metals was 0.01. The lowest was 0.01. And the median was 0.01.

MSTXF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Madoro Metals Debt-to-Equity Historical Data

The historical data trend for Madoro Metals'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.

Madoro Metals Debt-to-Equity Chart

Madoro Metals Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-Equity
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Madoro Metals 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 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 - - - -

Competitive Comparison of Madoro Metals's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Madoro Metals'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.


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

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

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



Madoro Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Madoro Metals's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Madoro Metals's Debt to Equity Ratio for the quarter that ended in Nov. 2023 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.


Madoro Metals  (OTCPK:MSTXF) 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.


Madoro Metals Debt-to-Equity Related Terms

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


Madoro Metals (Madoro Metals) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Madoro Metals Corp is a precious metals-focused exploration and development company. The company operates in one business segment, being the exploration and development of mineral properties. It is engaged in gold-silver projects. The firm's projects are Magdalena, Yautepec, and Rama de Oro.