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EMX Royalty (TSXV:EMX) Debt-to-Equity : 0.27 (As of Dec. 2023)


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What is EMX Royalty Debt-to-Equity?

EMX Royalty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$43.94 Mil. EMX Royalty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. EMX Royalty's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$161.58 Mil. EMX Royalty's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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 EMX Royalty's Debt-to-Equity or its related term are showing as below:

TSXV:EMX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 0.33   Max: 0.46
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of EMX Royalty was 0.46. The lowest was 0.27. And the median was 0.33.

TSXV:EMX's Debt-to-Equity is ranked worse than
63.46% of 1311 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:EMX: 0.27

EMX Royalty Debt-to-Equity Historical Data

The historical data trend for EMX Royalty'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.

EMX Royalty Debt-to-Equity Chart

EMX Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.46 0.33 0.27

EMX Royalty 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 0.33 0.35 0.36 0.35 0.27

Competitive Comparison of EMX Royalty's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, EMX Royalty'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.


EMX Royalty's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



EMX Royalty Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

EMX Royalty'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.


EMX Royalty  (TSXV:EMX) 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.


EMX Royalty Debt-to-Equity Related Terms

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


EMX Royalty (TSXV:EMX) Business Description

Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
EMX Royalty Corp and its subsidiaries operate as a royalty and prospect generator engaged in exploring for and generating royalties from, metals and minerals properties. The company's royalty and exploration portfolio mainly consists of properties in North America, Europe, Turkey, Australia, Chile, and Haiti.