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Eureka Lithium (STU:S58) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Eureka Lithium Debt-to-Equity?

Eureka Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.00 Mil. Eureka Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.00 Mil. Eureka Lithium's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €4.02 Mil. Eureka Lithium'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 Eureka Lithium's Debt-to-Equity or its related term are showing as below:

STU:S58'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.

Eureka Lithium Debt-to-Equity Historical Data

The historical data trend for Eureka Lithium'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.

Eureka Lithium Debt-to-Equity Chart

Eureka Lithium Annual Data
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Debt-to-Equity
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Eureka Lithium Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Eureka Lithium's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Eureka Lithium'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.


Eureka Lithium's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Eureka Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eureka Lithium's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Eureka Lithium'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.


Eureka Lithium  (STU:S58) 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.


Eureka Lithium Debt-to-Equity Related Terms

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


Eureka Lithium Business Description

Traded in Other Exchanges
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eureka Lithium Corp is a junior mining company engaged in the acquisition, exploration, and development of mineral properties. It has a Lithium project in Nunavik which are Raglan West District, Raglan South District, and New Leaf District.

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