ProAm Explorations (TSXV:PMX) Debt-to-Equity: -0.47 (As of Mar. 2026)

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What is ProAm Explorations Debt-to-Equity?

ProAm Explorations TSXV:PMX +5.26% Debt-to-Equity is -0.47 as of Mar. 2026. The stock has 6 warning signs investors should review. Among 806 Oil & Gas companies, ProAm Explorations ranks worse than 124069.35% on this metric.

ProAm Explorations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$0.05 Mil. ProAm Explorations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$0.00 Mil. ProAm Explorations's Total Stockholders Equity for the quarter that ended in Mar. 2026 was C$-0.11 Mil. ProAm Explorations's debt to equity for the quarter that ended in Mar. 2026 was -0.47.

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 ProAm Explorations's Debt-to-Equity or its related term are showing as below:

TSXV:PMX' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.47   Med: 0.07   Max: 0.1
Current: -0.47

During the past 13 years, the highest Debt-to-Equity Ratio of ProAm Explorations was 0.10. The lowest was -0.47. And the median was 0.07.

TSXV:PMX's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.445 vs TSXV:PMX: -0.47

ProAm Explorations  (TSXV:PMX) 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.

ProAm Explorations Debt-to-Equity Related Terms

ProAm Explorations Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for ProAm Explorations'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.

ProAm Explorations Debt-to-Equity Chart

ProAm Explorations Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.07 0.10 0.00 0.00

ProAm Explorations Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -0.38 0.00 -0.47

TSXV:PMX vs COP, EOG, OXY: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, ProAm Explorations'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.

ProAm Explorations Debt-to-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ProAm Explorations's Debt-to-Equity distribution charts can be found below:

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


ProAm Explorations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ProAm Explorations's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 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) / -0.163
=0.00

ProAm Explorations's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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
=(0.05 + 0) / -0.106
=-0.47

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.47 mean?
ProAm Explorations (TSXV:PMX) has a Debt-to-Equity of -0.47 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ProAm Explorations and its competitors. According to the industry distribution chart, ProAm Explorations ranks #999999 out of 806 companies in the Oil & Gas industry.
Is ProAm Explorations' Debt-to-Equity too high?
ProAm Explorations' current Debt-to-Equity is -0.47. Based on the distribution chart, ProAm Explorations ranks #999999 out of 806 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does ProAm Explorations' Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, ProAm Explorations ranks #999999 out of 806 companies for Debt-to-Equity. This places ProAm Explorations in the lower half of its industry. The industry median Debt-to-Equity is 0.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 806 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ProAm Explorations and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ProAm Explorations's current Debt-to-Equity is -0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProAm Explorations stock overvalued right now?
ProAm Explorations (TSXV:PMX) has a current Debt-to-Equity of -0.47. The current Debt-to-Equity is -0.47. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For ProAm Explorations (TSXV:PMX), the current Debt-to-Equity is -0.47 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ProAm Explorations Business Description

Industry EnergyOil & Gas
Address 142- 757 West Hastings Street, Vancouver, BC, CAN, V6C 1A1
ProAm Explorations Corp is a junior mineral and oil and natural gas exploration and development company. It operates in Canada and the United States. Mineral exploration is focused in the USA Canada while little oil and natural gas activity has been pursued. The company is a junior exploration company putting its emphasis on mineral properties as economic conditions in natural gas markets have been unsettled. It has a single operating segment the acquisition, exploration and development of resource properties. The firm holds interest in Utah Property, Jet Property, Tucker County, and Samuel Lake property.