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Mandeville Ventures (TSXV:MAND.P) Debt-to-Equity : 0.00 (As of May. 2024)


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What is Mandeville Ventures Debt-to-Equity?

Mandeville Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was C$0.00 Mil. Mandeville Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was C$0.00 Mil. Mandeville Ventures's Total Stockholders Equity for the quarter that ended in May. 2024 was C$1.33 Mil. Mandeville Ventures's debt to equity for the quarter that ended in May. 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 Mandeville Ventures's Debt-to-Equity or its related term are showing as below:

TSXV:MAND.P's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Mandeville Ventures Debt-to-Equity Historical Data

The historical data trend for Mandeville 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.

Mandeville Ventures Debt-to-Equity Chart

Mandeville Ventures Annual Data
Trend Nov21 Nov22 Nov23
Debt-to-Equity
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Mandeville Ventures Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

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

For the Shell Companies subindustry, Mandeville 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.


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

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

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



Mandeville Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Mandeville Ventures's Debt to Equity Ratio for the quarter that ended in May. 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.


Mandeville Ventures  (TSXV:MAND.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.


Mandeville Ventures Debt-to-Equity Related Terms

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


Mandeville Ventures Business Description

Traded in Other Exchanges
N/A
Address
1568 Merivale Road, Suite 314, Ottawa, ON, CAN, K2G 5Y7
Website
Mandeville Ventures Inc is a capital pool company.

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