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GPM Metals (TSXV:GPM) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is GPM Metals Debt-to-Equity?

GPM Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. GPM Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. GPM Metals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$0.17 Mil. GPM Metals'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 GPM Metals's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of GPM Metals was 24.20. The lowest was 0.04. And the median was 0.86.

TSXV:GPM'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.

GPM Metals Debt-to-Equity Historical Data

The historical data trend for GPM Metals'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.

GPM Metals Debt-to-Equity Chart

GPM Metals 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 0.70 24.20 0.33 - -

GPM Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 - - - - -

Competitive Comparison of GPM Metals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, GPM Metals'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.


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

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

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



GPM Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

GPM Metals'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.


GPM Metals  (TSXV:GPM) 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.


GPM Metals Debt-to-Equity Related Terms

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


GPM Metals (TSXV:GPM) Business Description

Traded in Other Exchanges
Address
141 Adelaide Street West, Suite 1101, Toronto, ON, CAN, M5H 3L5
GPM Metals Inc is a Canada-based mineral exploration and development company. It has an interest in the Walker Gossan Project and the Rory Group. The Walker gossan project is located in the McArthur basin mining district, Northern Territory, Australia.
Executives
Ya Jian Wang Senior Officer