Ramp Metals (TSXV:RAMP) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is Ramp Metals Debt-to-Equity?

Ramp Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Ramp Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Ramp Metals's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$5.42 Mil. Ramp Metals'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 Ramp Metals's Debt-to-Equity or its related term are showing as below:

TSXV:RAMP'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.

Ramp Metals Debt-to-Equity Historical Data

The historical data trend for Ramp 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.

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Ramp Metals Debt-to-Equity Chart

Ramp Metals Annual Data

Trend

Jun23

Jun24

Debt-to-Equity

Ramp Metals Quarterly Data
	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial			-	N/A	-	-	-

Competitive Comparison of Ramp Metals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Ramp 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.

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

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

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

Ramp Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ramp Metals's Debt to Equity Ratio for the fiscal year 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)	/	1.486
	=	0.00

Ramp Metals'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
	=	(0.004	+	0)	/	5.417
	=	0.00

Ramp Metals (TSXV:RAMP) 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.

Ramp Metals Debt-to-Equity Related Terms

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

Ramp Metals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

6DK:Germany

Address

3148 Highland Boulevard, North Vancouver, BC, CAN, V7R 2X6

Website

https://www.rampmetals.com

Ramp Metals Inc is engaged in exploring and developing its resource properties. The company's exploration assets include Rottenstone SW and the Peter Lake Domain property in Saskatchewan, Canada. Geographically, the company has a presence in Canada and the United States of America.

Executives

Michael Romanik	Director
Pritpal Singh	10% Security Holder, Director
Jordan Black	Director, Senior Officer
David Christopher Parker	Director
Brett Andrew Williams	10% Security Holder