Monumental Energy (TSXV:MNRG) Debt-to-Equity : 0.00 (As of Jun. 2024)

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

What is Monumental Energy Debt-to-Equity?

Monumental Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. Monumental Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. Monumental Energy's Total Stockholders Equity for the quarter that ended in Jun. 2024 was C$8.07 Mil. Monumental Energy'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 Monumental Energy's Debt-to-Equity or its related term are showing as below:

TSXV:MNRG's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Monumental Energy Debt-to-Equity Historical Data

The historical data trend for Monumental Energy'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.

Monumental Energy Debt-to-Equity Chart

Monumental Energy Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Monumental Energy Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial											N/A	-	-	-	-

Competitive Comparison of Monumental Energy's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Monumental Energy'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.

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

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

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

Monumental Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Monumental Energy's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 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)	/	8.464
	=	0.00

Monumental Energy's Debt to Equity Ratio for the quarter that ended in Jun. 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)	/	8.07
	=	0.00

Monumental Energy (TSXV:MNRG) 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.

Monumental Energy Debt-to-Equity Related Terms

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

Monumental Energy Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

MNMRF:USA

Address

1122 Mainland Street, Suite 228, Vancouver, BC, CAN, V6B 5L1

Website

Monumental Energy Corp Formerly Monumental Minerals Corp is an exploration stage company engaged in the acquisition and exploration of mineral properties. The Company's current projects are the Jemi Property, the Laguna Property and the Turi Property. The Jemi Property is located in the Ocampo municipality, a relatively remote region of western Coahuila state, Mexico. The Laguna Property is located near the town of San Pedro de Atacama, Chile. The Turi Property is located within the Lithium triangle northwest from the Salar de Laguna Blanca and northeast from the city of Calama, Chile. Geographically, the company generates revenue from Chile.

Executives

Maximilian Sali

Director

Monumental Energy Headlines

No Headlines