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Colibri Resource (TSXV:CBI) Debt-to-Equity : 0.53 (As of Mar. 2024)


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What is Colibri Resource Debt-to-Equity?

Colibri Resource's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.50 Mil. Colibri Resource's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$1.61 Mil. Colibri Resource's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$3.98 Mil. Colibri Resource's debt to equity for the quarter that ended in Mar. 2024 was 0.53.

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 Colibri Resource's Debt-to-Equity or its related term are showing as below:

TSXV:CBI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 0.49   Max: 2.44
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Colibri Resource was 2.44. The lowest was 0.30. And the median was 0.49.

TSXV:CBI's Debt-to-Equity is ranked worse than
75.98% of 1307 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:CBI: 0.53

Colibri Resource Debt-to-Equity Historical Data

The historical data trend for Colibri Resource'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.

Colibri Resource Debt-to-Equity Chart

Colibri Resource Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.11 1.20 0.48 0.49

Colibri Resource Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 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 0.50 0.34 0.46 0.49 0.53

Competitive Comparison of Colibri Resource's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Colibri Resource'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.


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

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

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



Colibri Resource Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Colibri Resource'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.


Colibri Resource  (TSXV:CBI) 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.


Colibri Resource Debt-to-Equity Related Terms

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


Colibri Resource (TSXV:CBI) Business Description

Traded in Other Exchanges
Address
105 Englehart Street, Suite 700, Dieppe, NB, CAN, E1A 8K2
Colibri Resource Corp is a mineral resource exploration company. It is engaged in the process of acquiring and exploring precious mineral properties in Mexico. The properties of the company are Evelyn Gold, Diamante Gold & Silver, Pilar & Silver, Mezquite Gold, and Jackie Gold & Silver. The company operates in one reportable business segment, being the acquisition and exploration of mineral properties.
Executives
Ian Mcgavney Senior Officer