North Shore Uranium (TSXV:NSU) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is North Shore Uranium Debt-to-Equity?

North Shore Uranium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. North Shore Uranium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. North Shore Uranium's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$0.91 Mil. North Shore Uranium's debt to equity for the quarter that ended in Sep. 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 North Shore Uranium's Debt-to-Equity or its related term are showing as below:

During the past 3 years, the highest Debt-to-Equity Ratio of North Shore Uranium was 0.16. The lowest was -3.33. And the median was -1.59.

TSXV:NSU's Debt-to-Equity is not ranked ^*
in the Other Energy Sources industry.
Industry Median: 0.22
* Ranked among companies with meaningful Debt-to-Equity only.

North Shore Uranium Debt-to-Equity Historical Data

The historical data trend for North Shore Uranium'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.

North Shore Uranium Debt-to-Equity Chart

North Shore Uranium Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

-3.33

0.16

North Shore Uranium Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial				5.05	-	-	-	-

Competitive Comparison of North Shore Uranium's Debt-to-Equity

For the Uranium subindustry, North Shore Uranium'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.

North Shore Uranium's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, North Shore Uranium's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where North Shore Uranium's Debt-to-Equity falls into.

North Shore Uranium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

North Shore Uranium'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)	/	2.432
	=	0.00

North Shore Uranium's Debt to Equity Ratio for the quarter that ended in Sep. 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)	/	0.91
	=	0.00

North Shore Uranium (TSXV:NSU) 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.

North Shore Uranium Debt-to-Equity Related Terms

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North Shore Uranium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » North Shore Uranium Ltd (TSXV:NSU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

15782 Marine Drive, Unit 1, White Rock, BC, CAN, V4B 1E6

Website

https://www.northshoreuranium.com

North Shore Uranium Ltd is a mineral exploration company, exploring economic uranium deposits at the eastern margin of Saskatchewan's Athabasca Basin. The company's objective is to conduct exploration programs on its two properties, the Falcon Property and the West Bear Property and evaluate opportunities to increase its portfolio of properties in the region. The Company operates in a single segment, being mineral exploration and evaluation.

Executives