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Granite Creek Copper (TSXV:GCX) Debt-to-Equity : 0.00 (As of Feb. 2024)


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What is Granite Creek Copper Debt-to-Equity?

Granite Creek Copper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Granite Creek Copper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Granite Creek Copper's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$6.99 Mil. Granite Creek Copper's debt to equity for the quarter that ended in Feb. 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 Granite Creek Copper's Debt-to-Equity or its related term are showing as below:

During the past 12 years, the highest Debt-to-Equity Ratio of Granite Creek Copper was 0.38. The lowest was -0.66. And the median was 0.02.

TSXV:GCX'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.

Granite Creek Copper Debt-to-Equity Historical Data

The historical data trend for Granite Creek Copper'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.

Granite Creek Copper Debt-to-Equity Chart

Granite Creek Copper Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 May21 May22 May23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 - 0.02 - -

Granite Creek Copper Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

Competitive Comparison of Granite Creek Copper's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Granite Creek Copper'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.


Granite Creek Copper's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Granite Creek Copper's Debt-to-Equity falls into.



Granite Creek Copper Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Granite Creek Copper's Debt to Equity Ratio for the fiscal year that ended in May. 2023 is calculated as

Granite Creek Copper's Debt to Equity Ratio for the quarter that ended in Feb. 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.


Granite Creek Copper  (TSXV:GCX) 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.


Granite Creek Copper Debt-to-Equity Related Terms

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


Granite Creek Copper (TSXV:GCX) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Granite Creek Copper Ltd is a Vancouver-based, public exploration company. It is in the business of acquiring and carrying out exploration on mineral properties, especially those with precious metals potential, to establish a mineable mineral resource. The company primarily explores gold and other mineral deposits. Granite Creek holds an interest in the Stu Copper-Gold Project located in the Minto Copper District of Canada's Yukon Territory.
Executives
Robert Sennott Director

Granite Creek Copper (TSXV:GCX) Headlines

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