PEIMF (Power Minerals) Debt-to-Equity : 0.05 (As of Dec. 2024)

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What is Power Minerals Debt-to-Equity?

Power Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.62 Mil. Power Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. Power Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $13.06 Mil. Power Minerals's debt to equity for the quarter that ended in Dec. 2024 was 0.05.

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

PEIMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.05
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Power Minerals was 0.05. The lowest was 0.00. And the median was 0.00.

PEIMF's Debt-to-Equity is ranked better than
67.69% of 1235 companies
in the Metals & Mining industry
Industry Median: 0.14 vs PEIMF: 0.05

Power Minerals Debt-to-Equity Historical Data

The historical data trend for Power 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.

Power Minerals Debt-to-Equity Chart

Power Minerals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.04

Power Minerals Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	0.04	0.05

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

For the Other Industrial Metals & Mining subindustry, Power 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.

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

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

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

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Power Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Power Minerals's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.826	+	0)	/	23.132
	=	0.04

Power Minerals's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.624	+	0)	/	13.056
	=	0.05

Power Minerals (OTCPK:PEIMF) 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.

Power Minerals Debt-to-Equity Related Terms

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

Power Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Power Minerals Ltd (OTCPK:PEIMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PMQ:Germany PNN:Australia

Address

68 North Terrace, Unit 6, Kent Town, SA, AUS, 5067

Website

https://www.powerminerals.com.au

Power Minerals Ltd is a mineral resources exploration company with a portfolio of projects in demand driven commodities, and is focused on systematic exploration and development projects. It includes the Salta Lithium Brine Project in the prolific lithium triangle in the Salta Province in Argentina, the Eyre Peninsula Kaolin-Halloysite Project, strategically located on the Eyre Peninsula in South Australia, and the Musgrave Nickel-Copper-Cobalt-PGE Project in the Musgrave Province in northern South Australia. The company also holds the Santa Ines Copper-Gold Project in Argentina, located in the same geological setting as BHP's world-class, nearby Escondida Copper-Gold Mine in Chile.

Power Minerals Headlines

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Summit Nanotech and Power Minerals Announce a Binding Term Sheet for a Strategic Partnership at the Salar de Incahuasi to Hasten Sustainable Lithium Mining in Argentina

By PRNewswire • 08-14-2023