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SPAUF (Spanish Mountain Gold) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Spanish Mountain Gold Debt-to-Equity?

Spanish Mountain Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.05 Mil. Spanish Mountain Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.13 Mil. Spanish Mountain Gold's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $72.84 Mil. Spanish Mountain Gold's debt to equity for the quarter that ended in Sep. 2024 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 Spanish Mountain Gold's Debt-to-Equity or its related term are showing as below:

SPAUF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Spanish Mountain Gold Debt-to-Equity Historical Data

The historical data trend for Spanish Mountain Gold'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.

Spanish Mountain Gold Debt-to-Equity Chart

Spanish Mountain Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Spanish Mountain Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Spanish Mountain Gold's Debt-to-Equity

For the Gold subindustry, Spanish Mountain Gold'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.


Spanish Mountain Gold's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Spanish Mountain Gold's Debt-to-Equity falls into.



Spanish Mountain Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spanish Mountain Gold's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Spanish Mountain Gold's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Spanish Mountain Gold  (OTCPK:SPAUF) 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.


Spanish Mountain Gold Debt-to-Equity Related Terms

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


Spanish Mountain Gold Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 910, Vancouver, BC, CAN, V6E 3V6
Spanish Mountain Gold Ltd is an exploration stage resource company. It is focused on de-risking and optimizing its Spanish Mountain gold project in southern central British Columbia. The company has one operating segment being the Mineral exploration, and all of its long-term assets are located in Canada.

Spanish Mountain Gold Headlines

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