Alien Metals (TSXV:AGQ) Debt-to-Equity : 0.04 (As of Dec. 2023)

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What is Alien Metals Debt-to-Equity?

Alien Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.80 Mil. Alien Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Alien Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$22.40 Mil. Alien Metals's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 Alien Metals's Debt-to-Equity or its related term are showing as below:

TSXV:AGQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.94
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Alien Metals was 0.94. The lowest was 0.00. And the median was 0.02.

TSXV:AGQ's Debt-to-Equity is ranked better than
70.82% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:AGQ: 0.04

Alien Metals Debt-to-Equity Historical Data

The historical data trend for Alien 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.

Alien Metals Debt-to-Equity Chart

Alien Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.04

Alien Metals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	-	-	-	0.04

Competitive Comparison of Alien Metals's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Alien 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.

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

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

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

Alien Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alien 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
	=	(0.801	+	0)	/	22.399
	=	0.04

Alien Metals's Debt to Equity Ratio for the quarter 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
	=	(0.801	+	0)	/	22.399
	=	0.04

Alien Metals (TSXV:AGQ) 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.

Alien Metals Debt-to-Equity Related Terms

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

Alien Metals (TSXV:AGQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alien Metals Ltd (TSXV:AGQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ASLRF:USA UFO:UK I3A1:Germany

Address

6 Heddon Street, Mayfair, London, GBR, W1B 4BT

Website

https://www.alienmetals.uk

Alien Metals Ltd is a mining exploration and development company. The principal activity of the Group is to create and develop a multi-commodity portfolio of exploration and mining projects in jurisdictions with established mining communities, stable political backgrounds, and where strong operational controls can be assured. The company's focus is on precious and base metal commodities, with its operations located in proven mining jurisdictions. Its projects include Brockman Iron, Hancock Ranges, San Celso, Los Campos, Munni Munni North, Elizabeth Hill, and Donovan 2 project. The company's geographical segments are Mexico, Australia, and United Kingdom.