Goldstorm Metals (TSXV:GSTM) Debt-to-Equity : 0.00 (As of Dec. 2024)

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What is Goldstorm Metals Debt-to-Equity?

Goldstorm Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Goldstorm Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Goldstorm Metals's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$16.91 Mil. Goldstorm Metals's debt to equity for the quarter that ended in Dec. 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 Goldstorm Metals's Debt-to-Equity or its related term are showing as below:

TSXV:GSTM's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Goldstorm Metals Debt-to-Equity Historical Data

The historical data trend for Goldstorm 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.

Goldstorm Metals Debt-to-Equity Chart

Goldstorm Metals Annual Data

Trend

Mar22

Mar23

Mar24

Debt-to-Equity

Goldstorm Metals Quarterly Data
	Sep21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial							N/A	-	-	-	-

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

For the Gold subindustry, Goldstorm 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.

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

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

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

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Goldstorm Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Goldstorm Metals's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	17.232
	=	0.00

Goldstorm Metals's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	16.912
	=	0.00

Goldstorm Metals (TSXV:GSTM) 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.

Goldstorm Metals Debt-to-Equity Related Terms

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Goldstorm Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldstorm Metals Corp (TSXV:GSTM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GSTMF:USA B2U:Germany

Address

999 West Hastings Street, Suite 789, Vancouver, BC, CAN, V6C 2W2

Website

https://www.goldstormmetals.com

Goldstorm Metals Corp is a precious and base metals exploration company with a strategic land position in the Golden Triangle of British Columbia, an area that hosts some of the gold deposits in the world. Goldstorm's flagship projects, Crown and Electrum, cover an area that totals approximately 16,469 hectares over 6 concessions, of which 5 are contiguous. The Crown Project is situated directly south of Seabridge Gold's KSM gold-copper deposits and Newmont Corporation Inc.'s Brucejack/Valley of the Kings gold mine. Electrum, also located in the Golden Triangle of BC, is situated directly between Newmont Corporation's Brucejack Mine, approximately 20 kilometers to the north, and the past producing Silbak Premier mine, 20 kilometers to the south.

Executives

Ronald Stoeferle

Director

Goldstorm Metals Headlines

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