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Northern Uranium (Northern Uranium) Debt-to-Equity : -0.07 (As of Mar. 2024)


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What is Northern Uranium Debt-to-Equity?

Northern Uranium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.05 Mil. Northern Uranium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Northern Uranium's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-0.72 Mil. Northern Uranium's debt to equity for the quarter that ended in Mar. 2024 was -0.07.

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 Northern Uranium's Debt-to-Equity or its related term are showing as below:

NRUNF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.07   Med: -0.07   Max: -0.02
Current: -0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Northern Uranium was -0.02. The lowest was -0.07. And the median was -0.07.

NRUNF's Debt-to-Equity is not ranked
in the Other Energy Sources industry.
Industry Median: 0.195 vs NRUNF: -0.07

Northern Uranium Debt-to-Equity Historical Data

The historical data trend for Northern Uranium'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.

Northern Uranium Debt-to-Equity Chart

Northern Uranium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.02 -0.07

Northern Uranium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - -0.07 -0.07 -0.07

Competitive Comparison of Northern Uranium's Debt-to-Equity

For the Uranium subindustry, Northern Uranium'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.


Northern Uranium's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Northern Uranium's Debt-to-Equity distribution charts can be found below:

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



Northern Uranium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Northern Uranium's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Northern Uranium's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Northern Uranium  (OTCPK:NRUNF) 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.


Northern Uranium Debt-to-Equity Related Terms

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Northern Uranium (Northern Uranium) Business Description

Traded in Other Exchanges
Address
203- 1634 Harvey Avenue, Kelowna, BC, CAN, V1Y 6G2
Northern Uranium Corp is an exploration-stage mineral properties company. Principally, it is engaged in the business of exploration and development of mineral properties. The company is focused on the development of the Northwest Manitoba project.

Northern Uranium (Northern Uranium) Headlines

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