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THURF (Thunderstruck Resources) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Thunderstruck Resources Debt-to-Equity?

Thunderstruck Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Thunderstruck Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Thunderstruck Resources's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $2.60 Mil. Thunderstruck Resources'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 Thunderstruck Resources's Debt-to-Equity or its related term are showing as below:

During the past 12 years, the highest Debt-to-Equity Ratio of Thunderstruck Resources was 0.10. The lowest was 0.01. And the median was 0.04.

THURF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Thunderstruck Resources Debt-to-Equity Historical Data

The historical data trend for Thunderstruck Resources'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.

Thunderstruck Resources Debt-to-Equity Chart

Thunderstruck Resources Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.10 0.08 - -

Thunderstruck Resources 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 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 Thunderstruck Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Thunderstruck Resources'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.


Thunderstruck Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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


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Thunderstruck Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Thunderstruck Resources'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.


Thunderstruck Resources  (OTCPK:THURF) 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.


Thunderstruck Resources Debt-to-Equity Related Terms

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


Thunderstruck Resources Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Thunderstruck Resources Ltd is a mining exploration company. It is involved in the business of acquisition and exploration of mineral properties. Its projects portfolio includes Nakoro VMS, Korokayiu VMS, Liwa creek gold and Rama Creek located on the main island of Fiji. The company focuses on the exploration of Zinc, Copper, Silver, and Gold.

Thunderstruck Resources Headlines