Aclara Resources (TSX:ARA) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is Aclara Resources Debt-to-Equity?

Aclara Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Aclara Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.04 Mil. Aclara Resources's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$190.47 Mil. Aclara 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 Aclara Resources's Debt-to-Equity or its related term are showing as below:

TSX:ARA'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.

Aclara Resources Debt-to-Equity Historical Data

The historical data trend for Aclara 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.

Aclara Resources Debt-to-Equity Chart

Aclara Resources Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Aclara Resources Quarterly Data
	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											-	-	-	-	-

Competitive Comparison of Aclara Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Aclara 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.

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

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

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

Aclara Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aclara Resources'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)	/	185.625
	=	0.00

Aclara Resources'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	+	0.041)	/	190.465
	=	0.00

Aclara Resources (TSX:ARA) 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.

Aclara Resources Debt-to-Equity Related Terms

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Aclara Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aclara Resources Inc (TSX:ARA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ARAAF:USA JD1:Germany

Address

Cerro el Plomo 5630, Office 901 9th Floor, Region Metropolitana de Santiago, Las Condes, Santiago, CHL

Website

https://www.aclara-re.com

Aclara Resources Inc is a development stage company involved in the exploration of rare-earth elements, operating one business segment, which is the development of two projects called Penco Module in Chile and Carina Module in Brazil. It is focused on the development of the Penco Module and Carina Module, which contain ionic clays rich in Rare Earth Elements.

Executives

Eric Barry Murphy	Senior Officer
Pelham Investment Corporation	10% Security Holder
Eduardo Hochschild	Director or Senior Officer of 10% Security Holder
Catharine Elizabeth Goddard Farrow	Director
Ramon Barua Costa	Director, Senior Officer
Ignacio José Bustamante Romero	Director