TIMCF (Titan Mining) Debt-to-Equity : 10.73 (As of Dec. 2024)

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What is Titan Mining Debt-to-Equity?

Titan Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $32.12 Mil. Titan Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.09 Mil. Titan Mining's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $3.00 Mil. Titan Mining's debt to equity for the quarter that ended in Dec. 2024 was 10.73.

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 Titan Mining's Debt-to-Equity or its related term are showing as below:

TIMCF' s Debt-to-Equity Range Over the Past 10 Years
Min: -15.8 Med: 2.08 Max: 10.73
Current: 10.73

During the past 11 years, the highest Debt-to-Equity Ratio of Titan Mining was 10.73. The lowest was -15.80. And the median was 2.08.

TIMCF's Debt-to-Equity is ranked worse than
99.19% of 1238 companies
in the Metals & Mining industry
Industry Median: 0.14 vs TIMCF: 10.73

Titan Mining Debt-to-Equity Historical Data

The historical data trend for Titan Mining'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.

Titan Mining Debt-to-Equity Chart

Titan Mining Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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2.14

2.08

2.88

-15.80

10.73

Titan Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															-15.80	-5.91	-12.90	-5.06	10.73

Competitive Comparison of Titan Mining's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Titan Mining'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.

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

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

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

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Titan Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Titan Mining's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(32.121	+	0.087)	/	3.003
	=	10.73

Titan Mining's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(32.121	+	0.087)	/	3.003
	=	10.73

Titan Mining (OTCPK:TIMCF) 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.

Titan Mining Debt-to-Equity Related Terms

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Titan Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Titan Mining Corp (OTCPK:TIMCF) » Definitions » Debt-to-Equity

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TI:Canada

Address

999 Canada Place, Suite 555, Vancouver, BC, CAN, V6C 3E1

Website

https://www.titanminingcorp.com

Titan Mining Corp is a Canadian natural resources company. It is engaged in the acquisition, exploration, and development of mineral properties. The company owns an interest in the Empire State Mine in Northern New York State, United States. The Company operates one reportable segment, mineral production and exploration in the United States.