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

Kingfisher Metals (TSXV:KFR) Debt-to-Equity : 0.01 (As of Sep. 2024)


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

What is Kingfisher Metals Debt-to-Equity?

Kingfisher Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.03 Mil. Kingfisher Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.11 Mil. Kingfisher Metals's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$16.73 Mil. Kingfisher Metals's debt to equity for the quarter that ended in Sep. 2024 was 0.01.

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 Kingfisher Metals's Debt-to-Equity or its related term are showing as below:

TSXV:KFR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.01
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of Kingfisher Metals was 0.01. The lowest was 0.01. And the median was 0.01.

TSXV:KFR's Debt-to-Equity is ranked better than
99.92% of 1239 companies
in the Metals & Mining industry
Industry Median: 0.14 vs TSXV:KFR: 0.01

Kingfisher Metals Debt-to-Equity Historical Data

The historical data trend for Kingfisher 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.

Kingfisher Metals Debt-to-Equity Chart

Kingfisher Metals Annual Data
Trend Nov19 Nov20 Dec21 Dec22 Dec23
Debt-to-Equity
- - - - 0.01

Kingfisher Metals Quarterly Data
Nov19 Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 0.01 0.01 0.01 0.01

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

For the Other Precious Metals & Mining subindustry, Kingfisher 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.


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

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

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


;
;

Kingfisher Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Kingfisher Metals'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.


Kingfisher Metals  (TSXV:KFR) 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.


Kingfisher Metals Debt-to-Equity Related Terms

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


Kingfisher Metals Business Description

Traded in Other Exchanges
Address
1710 - 1050 W. Pender Street, Vancouver, BC, CAN, V6E 3S7
Kingfisher Metals Corp is an exploration company focused on underexplored district-scale projects in British Columbia. It has three district-scale projects that offer potential exposure to high-grade gold, copper, silver, and zinc. Its projects include the Ecstall Project, the Goldrange Project, and the Thibert Project.
Executives
Alejandro Emiliano Gubbins Cox 10% Security Holder
Dustin Perry Director, Senior Officer
Richard Bryan Trotman Director

Kingfisher Metals Headlines

No Headlines