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Discovery-Corp Enterprises (TSXV:DCY) Debt-to-Equity : 0.00 (As of Jan. 2024)


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What is Discovery-Corp Enterprises Debt-to-Equity?

Discovery-Corp Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Discovery-Corp Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Discovery-Corp Enterprises's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$-0.30 Mil. Discovery-Corp Enterprises'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 Discovery-Corp Enterprises's Debt-to-Equity or its related term are showing as below:

TSXV:DCY's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Discovery-Corp Enterprises Debt-to-Equity Historical Data

The historical data trend for Discovery-Corp Enterprises'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.

Discovery-Corp Enterprises Debt-to-Equity Chart

Discovery-Corp Enterprises Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-Equity
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Discovery-Corp Enterprises Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Discovery-Corp Enterprises's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Discovery-Corp Enterprises'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.


Discovery-Corp Enterprises's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Discovery-Corp Enterprises's Debt-to-Equity falls into.



Discovery-Corp Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Discovery-Corp Enterprises's Debt to Equity Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Discovery-Corp Enterprises's Debt to Equity Ratio for the quarter that ended in Jan. 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.


Discovery-Corp Enterprises  (TSXV:DCY) 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.


Discovery-Corp Enterprises Debt-to-Equity Related Terms

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


Discovery-Corp Enterprises (TSXV:DCY) Business Description

Traded in Other Exchanges
N/A
Address
125A - 1030 Denman Street, Unit 553, Vancouver, BC, CAN, V6G 2M6
Discovery-Corp Enterprises Inc is an exploration stage company in Canada. The firm is engaged in the acquisition, exploration, and development of base and precious metals focusing mainly on gold and copper properties. Its properties include Galaxy Property in British Columbia and Rock Creek in Nevada.
Executives
Iain Brown Director, Senior Officer

Discovery-Corp Enterprises (TSXV:DCY) Headlines

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