Blue Moon Metals (TSXV:MOON) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Blue Moon Metals Debt-to-Equity?

Blue Moon Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Blue Moon Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Blue Moon Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$0.88 Mil. Blue Moon Metals's debt to equity for the quarter that ended in Dec. 2023 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 Blue Moon Metals's Debt-to-Equity or its related term are showing as below:

TSXV:MOON' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.43 Max: 0.46
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Blue Moon Metals was 0.46. The lowest was 0.41. And the median was 0.43.

TSXV:MOON's Debt-to-Equity is ranked worse than
59.95% of 1301 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:MOON: 0.23

Blue Moon Metals Debt-to-Equity Historical Data

The historical data trend for Blue Moon 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.

Blue Moon Metals Debt-to-Equity Chart

Blue Moon Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.46

Blue Moon Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.46	0.42	-	-	-

Competitive Comparison of Blue Moon Metals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Blue Moon 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.

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

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

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

Blue Moon Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blue Moon Metals's Debt to Equity Ratio for the fiscal year that ended in Dec. 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)	/	0.881
	=	0.00

Blue Moon Metals's Debt to Equity Ratio for the quarter that ended in Dec. 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)	/	0.881
	=	0.00

Blue Moon Metals (TSXV:MOON) 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.

Blue Moon Metals Debt-to-Equity Related Terms

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

Blue Moon Metals (TSXV:MOON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blue Moon Metals Inc (TSXV:MOON) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BMOOF:USA 8SX:Germany

Address

1200-1166 Alberni Street, Vancouver, BC, CAN, V6E3Z3

Website

https://www.bluemoonmining.com

Blue Moon Metals Inc is a Canadian exploration stage company which is focused on the exploration and development of mineral resource properties. The company is advancing its Blue Moon polymetallic deposit which contains zinc, gold, silver, and copper. The company also holds the Yava polymetallic project in Nunavut that is in the same volcanic lithologies and south of Glencore's Hackett River deposit. The Company is focusing on advancing the Blue Moon and Yava properties.

Executives

Patrick John Mcgrath

10% Security Holder, Director