ORAGF (Monarca Minerals) Debt-to-Equity : -0.28 (As of Aug. 2024)

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What is Monarca Minerals Debt-to-Equity?

Monarca Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $1.04 Mil. Monarca Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $0.00 Mil. Monarca Minerals's Total Stockholders Equity for the quarter that ended in Aug. 2024 was $-3.64 Mil. Monarca Minerals's debt to equity for the quarter that ended in Aug. 2024 was -0.28.

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 Monarca Minerals's Debt-to-Equity or its related term are showing as below:

ORAGF' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.56 Med: -0.3 Max: 0.16
Current: -0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Monarca Minerals was 0.16. The lowest was -3.56. And the median was -0.30.

ORAGF's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs ORAGF: -0.28

Monarca Minerals Debt-to-Equity Historical Data

The historical data trend for Monarca Minerals'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.

Monarca Minerals Debt-to-Equity Chart

Monarca Minerals Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

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-0.36

-2.60

-0.57

-0.38

-0.31

Monarca Minerals Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Debt-to-Equity	Get a 7-Day Free Trial															-0.34	-0.31	-0.30	-0.30	-0.28

Competitive Comparison of Monarca Minerals's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Monarca Minerals'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.

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

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

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

Monarca Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Monarca Minerals's Debt to Equity Ratio for the fiscal year that ended in Nov. 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
	=	(0.966	+	0)	/	-3.097
	=	-0.31

Monarca Minerals's Debt to Equity Ratio for the quarter that ended in Aug. 2024 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
	=	(1.035	+	0)	/	-3.642
	=	-0.28

Monarca Minerals (OTCPK:ORAGF) 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.

Monarca Minerals Debt-to-Equity Related Terms

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Monarca Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Monarca Minerals Inc (OTCPK:ORAGF) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

OSI2:Germany MMN:Canada

Address

18 King Street East Street, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.monarcaminerals.com

Monarca Minerals Inc is in the process of exploring and evaluating its exploration and evaluation property interests in Mexico. Its project portfolio includes Tejamen, San Lucas, San Jose, and El Sol. The primary focus of new work at Tejamen consists of follow-up core drilling. Outcrop sampling identified two parallel gold-silver zones, known as the El Doctor zone (Noche Buena). Several small mines exist on the El Sol concession. It is a historical mining area since the 1600s and is in the Avino Mining District.

Monarca Minerals Headlines

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