Atha Energy (Atha Energy) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is Atha Energy Debt-to-Equity?

Atha Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Atha Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Atha Energy's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $57.81 Mil. Atha Energy's debt to equity for the quarter that ended in Sep. 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 Atha Energy's Debt-to-Equity or its related term are showing as below:

SASKF's Debt-to-Equity is not ranked ^*
in the Other Energy Sources industry.
Industry Median: 0.205
* Ranked among companies with meaningful Debt-to-Equity only.

Atha Energy Debt-to-Equity Historical Data

The historical data trend for Atha Energy'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.

Atha Energy Debt-to-Equity Chart

Atha Energy Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

Atha Energy Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Atha Energy's Debt-to-Equity

For the Uranium subindustry, Atha Energy'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.

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

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

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

Atha Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atha Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	0)	/	5.858
	=	0.00

Atha Energy's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	0)	/	57.813
	=	0.00

Atha Energy (OTCPK:SASKF) 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.

Atha Energy Debt-to-Equity Related Terms

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

Atha Energy (Atha Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Atha Energy Corp (OTCPK:SASKF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

X5U:Germany SASK:Canada

Address

1250 - 1066 Hastings St. W, Vancouver, BC, CAN, V6E 3X1

Website

https://www.athaenergy.com

Atha Energy Corp. is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties. The company has the option to acquire a 100% interest and title to the Golden Rose property located in Northeastern Ontario and has signed an agreement to acquire significant acreage in Saskatchewan and Alberta.

Atha Energy (Atha Energy) Headlines

From GuruFocus

Atha Energy Announces Closing of 92 Energy Scheme

By Marketwired • 04-11-2024

Atha Energy Announces Closing of 92 Energy Scheme

By GlobeNewswire • 04-11-2024