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Orestone Mining (TSXV:ORS) Debt-to-Equity : 0.00 (As of Jan. 2024)


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What is Orestone Mining Debt-to-Equity?

Orestone Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Orestone Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Orestone Mining's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$3.04 Mil. Orestone Mining's debt to equity for the quarter that ended in Jan. 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 Orestone Mining's Debt-to-Equity or its related term are showing as below:

TSXV:ORS'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.

Orestone Mining Debt-to-Equity Historical Data

The historical data trend for Orestone Mining'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.

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Orestone Mining Debt-to-Equity Chart

Orestone Mining Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-Equity
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Orestone Mining Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Orestone Mining's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Orestone Mining'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.


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

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

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



Orestone Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Orestone Mining's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Orestone Mining's Debt to Equity Ratio for the quarter that ended in Jan. 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.


Orestone Mining  (TSXV:ORS) 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.


Orestone Mining Debt-to-Equity Related Terms

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


Orestone Mining (TSXV:ORS) Business Description

Traded in Other Exchanges
Address
407-325 Howe Street, Vancouver, BC, CAN, V6C 1Z7
Orestone Mining Corp is a mineral exploration company. The principal business activity of the company is the exploration of mineral properties. The company holds an interest in the Captain Property and the Resguardo Property. The group operates in the geographical segments of Canada and Chile.
Executives
David Hottman Director, Senior Officer

Orestone Mining (TSXV:ORS) Headlines

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