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Boron One Holdings (TSXV:BONE) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Boron One Holdings Debt-to-Equity?

Boron One Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.11 Mil. Boron One Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Boron One Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$10.16 Mil. Boron One Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Boron One Holdings's Debt-to-Equity or its related term are showing as below:

TSXV:BONE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.25
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Boron One Holdings was 0.25. The lowest was 0.01. And the median was 0.04.

TSXV:BONE's Debt-to-Equity is ranked better than
99.92% of 1302 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:BONE: 0.01

Boron One Holdings Debt-to-Equity Historical Data

The historical data trend for Boron One Holdings'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.

Boron One Holdings Debt-to-Equity Chart

Boron One Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.01 0.01 0.01 0.01

Boron One Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.01 0.01 0.01

Competitive Comparison of Boron One Holdings's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Boron One Holdings'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.


Boron One Holdings's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Boron One Holdings's Debt-to-Equity falls into.



Boron One Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Boron One Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Boron One Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Boron One Holdings  (TSXV:BONE) 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.


Boron One Holdings Debt-to-Equity Related Terms

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


Boron One Holdings (TSXV:BONE) Business Description

Traded in Other Exchanges
Address
645 Fort Street, Suite 203, Victoria, BC, CAN, V8W 1G2
Boron One Holdings Inc is a junior mining company focused on resource acquisition, exploration, and development. The Company has one reportable operating segment, the exploration and evaluation of mineral properties located in Serbia. The company has an exploration license for the Piskanja boron deposit in Serbia.

Boron One Holdings (TSXV:BONE) Headlines

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