GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Iocaste Ventures Inc (TSXV:ICY.P) » Definitions » Debt-to-Equity

Iocaste Ventures (TSXV:ICY.P) Debt-to-Equity : 0.00 (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Iocaste Ventures Debt-to-Equity?

Iocaste Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. Iocaste Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. Iocaste Ventures's Total Stockholders Equity for the quarter that ended in Jun. 2024 was C$0.32 Mil. Iocaste Ventures's debt to equity for the quarter that ended in Jun. 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 Iocaste Ventures's Debt-to-Equity or its related term are showing as below:

TSXV:ICY.P's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

Iocaste Ventures Debt-to-Equity Historical Data

The historical data trend for Iocaste Ventures'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.

Iocaste Ventures Debt-to-Equity Chart

Iocaste Ventures Annual Data
Trend Sep21 Sep22 Sep23
Debt-to-Equity
- - -

Iocaste Ventures Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Iocaste Ventures's Debt-to-Equity

For the Shell Companies subindustry, Iocaste Ventures'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.


Iocaste Ventures's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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



Iocaste Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Iocaste Ventures's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Iocaste Ventures's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Iocaste Ventures  (TSXV:ICY.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.


Iocaste Ventures Debt-to-Equity Related Terms

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


Iocaste Ventures Business Description

Traded in Other Exchanges
N/A
Address
305 10 Avenue SE, Suite 200, Calgary, AB, CAN, T2G 0W2
Website
Iocaste Ventures Inc is a capital pool company. The principal business of the Corporation is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction. The company has not commenced commercial operations.

Iocaste Ventures Headlines

No Headlines