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Great Northern Minerals (STU:3GW) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Great Northern Minerals Debt-to-Equity?

Great Northern Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Great Northern Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Great Northern Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1.67 Mil. Great Northern Minerals's debt to equity for the quarter that ended in Dec. 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 Great Northern Minerals's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Great Northern Minerals was 0.28. The lowest was -0.03. And the median was 0.03.

STU:3GW'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.

Great Northern Minerals Debt-to-Equity Historical Data

The historical data trend for Great Northern 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.

Great Northern Minerals Debt-to-Equity Chart

Great Northern Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.03 0.02 0.07 -

Great Northern Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.07 -0.03 - -

Competitive Comparison of Great Northern Minerals's Debt-to-Equity

For the Gold subindustry, Great Northern 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.


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

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

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



Great Northern Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Great Northern Minerals's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Great Northern Minerals's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Great Northern Minerals  (STU:3GW) 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.


Great Northern Minerals Debt-to-Equity Related Terms

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Great Northern Minerals (STU:3GW) Business Description

Traded in Other Exchanges
Address
33 Colin Street, Level 1, West Perth, Perth, WA, AUS, 6005
Great Northern Minerals Ltd is focused on the development of gold mines. The company also established new goldfields in Northern Queensland. It holds an interest in The Golden Ant Project that comprises of Golden Cup, Camel Creek, and Big Rush Gold Mines in North Queensland.

Great Northern Minerals (STU:3GW) Headlines

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