Colonial Coal International (TSXV:CAD) Debt-to-Equity : 0.00 (As of Jan. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Colonial Coal International Debt-to-Equity?

Colonial Coal International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.03 Mil. Colonial Coal International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Colonial Coal International's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$18.98 Mil. Colonial Coal International's debt to equity for the quarter that ended in Jan. 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 Colonial Coal International's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Colonial Coal International was 0.03. The lowest was 0.00. And the median was 0.01.

TSXV:CAD's Debt-to-Equity is not ranked ^*
in the Steel industry.
Industry Median: 0.415
* Ranked among companies with meaningful Debt-to-Equity only.

Colonial Coal International Debt-to-Equity Historical Data

The historical data trend for Colonial Coal International'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.

Colonial Coal International Debt-to-Equity Chart

Colonial Coal International Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

Colonial Coal International Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Colonial Coal International's Debt-to-Equity

For the Coking Coal subindustry, Colonial Coal International'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.

Colonial Coal International's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Colonial Coal International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Colonial Coal International's Debt-to-Equity falls into.

Colonial Coal International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Colonial Coal International's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(0.044	+	0.004)	/	18.545
	=	0.00

Colonial Coal International's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(0.027	+	0)	/	18.983
	=	0.00

Colonial Coal International (TSXV:CAD) 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.

Colonial Coal International Debt-to-Equity Related Terms

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

Colonial Coal International (TSXV:CAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Colonial Coal International Corp (TSXV:CAD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CCARF:USA COX:Germany

Address

595 Howe Street, Suite 200, Vancouver, BC, CAN, V6C 2T5

Website

https://www.ccoal.ca

Colonial Coal International Corp is an pure-play metallurgical coal development company. Principally, it is engaged in the acquisition, exploration, and development of coal properties located in Canada. Its projects include the Flatbed project; Huguenot project as well as Watson Island. It holds interests in two resource-stage coal properties in the Peace River Coalfield of northeastern British Columbia, Canada: namely, the Huguenot and Flatbed properties.