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Endurance Gold (TSXV:EDG) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Endurance Gold Debt-to-Equity?

Endurance Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Endurance Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Endurance Gold's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$12.16 Mil. Endurance Gold's debt to equity for the quarter that ended in Mar. 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 Endurance Gold's Debt-to-Equity or its related term are showing as below:

TSXV:EDG'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.

Endurance Gold Debt-to-Equity Historical Data

The historical data trend for Endurance Gold'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.

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Endurance Gold Debt-to-Equity Chart

Endurance Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Endurance Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Endurance Gold's Debt-to-Equity

For the Gold subindustry, Endurance Gold'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.


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

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

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



Endurance Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Endurance Gold'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.


Endurance Gold  (TSXV:EDG) 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.


Endurance Gold Debt-to-Equity Related Terms

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


Endurance Gold (TSXV:EDG) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6E 2E9
Endurance Gold Corp is an operator of mineral properties intended for exploration and development company that focuses on the exploration and development of mineral properties in North America. The company focuses on gold discovery in a gold camp, with other important projects including the Elephant Mountain Gold Project and the Bandito Rare Earth Property and develops high-quality mineral projects that can generate returns, thereby enabling clients-centered expertise in mineral exploration and development, to identify and develop high-potential mineral projects that have the potential to generate significant value.
Executives
Robert T. Boyd Director, Senior Officer

Endurance Gold (TSXV:EDG) Headlines

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