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TLOFF (Talon Metals) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Talon Metals Debt-to-Equity?

Talon Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.02 Mil. Talon Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.12 Mil. Talon Metals's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $175.48 Mil. Talon Metals'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 Talon Metals's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Talon Metals was 5.03. The lowest was 0.00. And the median was 0.98.

TLOFF'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.

Talon Metals Debt-to-Equity Historical Data

The historical data trend for Talon Metals'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.

Talon Metals Debt-to-Equity Chart

Talon Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Talon Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
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Competitive Comparison of Talon Metals's Debt-to-Equity

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

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

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

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


Talon Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Talon Metals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
=(0 + 0) / 172.387
=0.00

Talon Metals's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(0.016 + 0.119) / 175.475
=0.00

* 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.

Talon Metals  (OTCPK:TLOFF) 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.

Talon Metals Debt-to-Equity Related Terms

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

Talon Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Talon Metals Corp (OTCPK:TLOFF) » Definitions » Debt-to-Equity
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Traded in Other Exchanges
TAO:Germany TLO:Canada
Address
Craigmuir Chambers, P.O. Box 71, Road Town, Tortola, VGB
Website
https://www.talonmetals.com
Talon Metals Corp is a base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. The Tamarack Nickel Project comprises a large land position with additional high-grade intercepts outside the current resource area. Talon is focused on expanding and infilling its current high-grade nickel mineralization resource prepared in accordance with NI 43-101 to shape a mine plan for submission to Minnesota regulators and following up on additional high-grade nickel mineralization in the Tamarack Intrusive Complex.