GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Star Diamond Corp (TSX:DIAM) » Definitions » Debt-to-Equity

Star Diamond (TSX:DIAM) Debt-to-Equity : 0.02 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Star Diamond Debt-to-Equity?

Star Diamond's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.07 Mil. Star Diamond's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.10 Mil. Star Diamond's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$9.27 Mil. Star Diamond's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Star Diamond's Debt-to-Equity or its related term are showing as below:

TSX:DIAM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.07
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Star Diamond was 1.07. The lowest was 0.00. And the median was 0.00.

TSX:DIAM's Debt-to-Equity is ranked better than
82.92% of 1300 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSX:DIAM: 0.02

Star Diamond Debt-to-Equity Historical Data

The historical data trend for Star Diamond'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.

Star Diamond Debt-to-Equity Chart

Star Diamond Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.02 1.07

Star Diamond Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.20 0.38 1.07 0.02

Competitive Comparison of Star Diamond's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Star Diamond'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.


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

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

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



Star Diamond Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Star Diamond's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Star Diamond  (TSX:DIAM) 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.


Star Diamond Debt-to-Equity Related Terms

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


Star Diamond (TSX:DIAM) Business Description

Traded in Other Exchanges
Address
600, 224 - 4th Avenue South, Saskatoon, SK, CAN, S7K 5M5
Star Diamond Corp is a Canadian natural resource company. The activities of the company are the exploration, development, and production of diamonds. The company owns an interest in the Star-Orion South Diamond project, and Fort a la Corne Diamond District properties located in central Saskatchewan; and Buffalo Hills property located in the northwest of Edmonton.
Executives
Ewan Mason Director
Mark Shimell Senior Officer

Star Diamond (TSX:DIAM) Headlines

No Headlines