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Metalex Ventures (Metalex Ventures) Debt-to-Equity : 0.00 (As of Jan. 2024)


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What is Metalex Ventures Debt-to-Equity?

Metalex Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Metalex Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Metalex Ventures's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $3.28 Mil. Metalex Ventures's debt to equity for the quarter that ended in Jan. 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 Metalex Ventures's Debt-to-Equity or its related term are showing as below:

MXTLF'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.

Metalex Ventures Debt-to-Equity Historical Data

The historical data trend for Metalex Ventures'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.

Metalex Ventures Debt-to-Equity Chart

Metalex Ventures Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-Equity
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Metalex Ventures Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Metalex Ventures's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Metalex Ventures'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.


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

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

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



Metalex Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Metalex Ventures's Debt to Equity Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Metalex Ventures's Debt to Equity Ratio for the quarter that ended in Jan. 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.


Metalex Ventures  (OTCPK:MXTLF) 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.


Metalex Ventures Debt-to-Equity Related Terms

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Metalex Ventures (Metalex Ventures) Business Description

Traded in Other Exchanges
Address
203-1634 Harvey Avenue, Kelowna, BC, CAN, V1Y 6G2
Metalex Ventures Ltd is engaged in the acquisition, exploration, and development of mineral properties. The company's principal projects in Canada are in Quebec and northern Ontario (U2). Its overseas projects are located in South Africa, Morocco, Attawapiskat, and Mali.

Metalex Ventures (Metalex Ventures) Headlines

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