SCVFF (Scotch Creek Ventures) Debt-to-Equity : 0.03 (As of Sep. 2024)

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What is Scotch Creek Ventures Debt-to-Equity?

Scotch Creek Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.12 Mil. Scotch Creek Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Scotch Creek Ventures's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $4.14 Mil. Scotch Creek Ventures's debt to equity for the quarter that ended in Sep. 2024 was 0.03.

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 Scotch Creek Ventures's Debt-to-Equity or its related term are showing as below:

SCVFF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.46 Max: 6.44
Current: 0.03

During the past 7 years, the highest Debt-to-Equity Ratio of Scotch Creek Ventures was 6.44. The lowest was 0.03. And the median was 0.46.

SCVFF's Debt-to-Equity is ranked better than
76.49% of 1238 companies
in the Metals & Mining industry
Industry Median: 0.14 vs SCVFF: 0.03

Scotch Creek Ventures Debt-to-Equity Historical Data

The historical data trend for Scotch Creek 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.

Scotch Creek Ventures Debt-to-Equity Chart

Scotch Creek Ventures Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.72

1.98

Scotch Creek Ventures Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	0.03

Competitive Comparison of Scotch Creek Ventures's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Scotch Creek 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.

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

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

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

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Scotch Creek Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Scotch Creek Ventures's Debt to Equity Ratio for the fiscal year that ended in Dec. 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)	/	6.81
	=	0.00

Scotch Creek Ventures's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.123	+	0)	/	4.135
	=	0.03

Scotch Creek Ventures (OTCPK:SCVFF) 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.

Scotch Creek Ventures Debt-to-Equity Related Terms

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Scotch Creek Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Scotch Creek Ventures Inc (OTCPK:SCVFF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

7S20:Germany SCV:Canada

Address

625 Howe Street, Suite 1140, Vancouver, BC, CAN, V6C 2T6

Website

https://www.scotch-creek.com

Scotch Creek Ventures Inc is a mineral exploration company, focused on the acquisition, exploration, and development of lithium projects located in tier-one North American mining jurisdictions. Its projects include Highlands West Project, Nevada, USA, Macallan East Project, Nevada, USA, and Cupz Project, Nevada, USA. Its segment is mining exploration and development which is carried out in USA and Canada with majority of the revenue from USA.