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G2M Cap (TSXV:GTM.P) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is G2M Cap Debt-to-Equity?

G2M Cap's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. G2M Cap's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. G2M Cap's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$0.65 Mil. G2M Cap's debt to equity for the quarter that ended in Sep. 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 G2M Cap's Debt-to-Equity or its related term are showing as below:

TSXV:GTM.P's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

G2M Cap Debt-to-Equity Historical Data

The historical data trend for G2M Cap'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.

G2M Cap Debt-to-Equity Chart

G2M Cap Annual Data
Trend Dec22 Dec23
Debt-to-Equity
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G2M Cap Quarterly Data
Aug22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of G2M Cap's Debt-to-Equity

For the Shell Companies subindustry, G2M Cap'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.


G2M Cap's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, G2M Cap's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where G2M Cap's Debt-to-Equity falls into.


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G2M Cap Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

G2M Cap's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

G2M Cap's Debt to Equity Ratio for the quarter that ended in Sep. 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.


G2M Cap  (TSXV:GTM.P) 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.


G2M Cap Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of G2M Cap's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


G2M Cap Business Description

Traded in Other Exchanges
N/A
Address
1111 West Hastings Street, Suite 905, Vancouver, BC, CAN, V6E 2J3
G2M Cap Corp is a capital pool company.

G2M Cap Headlines

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