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Wealth Minerals (STU:EJZN) Debt-to-Equity : 0.00 (As of Aug. 2024)


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What is Wealth Minerals Debt-to-Equity?

Wealth Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was €0.00 Mil. Wealth Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was €0.00 Mil. Wealth Minerals's Total Stockholders Equity for the quarter that ended in Aug. 2024 was €30.79 Mil. Wealth Minerals's debt to equity for the quarter that ended in Aug. 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 Wealth 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 Wealth Minerals was 0.73. The lowest was -1.24. And the median was 0.01.

STU:EJZN'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.

Wealth Minerals Debt-to-Equity Historical Data

The historical data trend for Wealth 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.

Wealth Minerals Debt-to-Equity Chart

Wealth Minerals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.11 0.01 - -

Wealth Minerals Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 - - - - -

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

For the Other Industrial Metals & Mining subindustry, Wealth 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.


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

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

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



Wealth Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wealth Minerals's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Wealth Minerals's Debt to Equity Ratio for the quarter that ended in Aug. 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.


Wealth Minerals  (STU:EJZN) 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.


Wealth Minerals Debt-to-Equity Related Terms

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


Wealth Minerals Business Description

Traded in Other Exchanges
Address
Burrard Street, Suite 1570, Vancouver, BC, CAN, V6C 3L6
Wealth Minerals Ltd is an operator of a mineral resource company intended to serve in metals and minerals. The company's business activity is the exploration of minerals and the development of exploration and evaluation assets and includes other project portfolios, thereby focusing on the acquisition and development of lithium projects. The company operates in one industry segment, being mineral resources industry.

Wealth Minerals Headlines

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