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Rio Silver (TSXV:RYO) Debt-to-Equity : -0.02 (As of Mar. 2024)


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What is Rio Silver Debt-to-Equity?

Rio Silver's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.01 Mil. Rio Silver's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Rio Silver's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$-0.71 Mil. Rio Silver's debt to equity for the quarter that ended in Mar. 2024 was -0.02.

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 Rio Silver's Debt-to-Equity or its related term are showing as below:

TSXV:RYO' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.22   Med: -0.02   Max: -0.01
Current: -0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Rio Silver was -0.01. The lowest was -0.22. And the median was -0.02.

TSXV:RYO's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs TSXV:RYO: -0.02

Rio Silver Debt-to-Equity Historical Data

The historical data trend for Rio Silver'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.

Rio Silver Debt-to-Equity Chart

Rio Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.02 -0.07 -0.22 -0.02

Rio Silver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.21 -0.18 -0.02 -0.02 -0.02

Competitive Comparison of Rio Silver's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Rio Silver'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.


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

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

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



Rio Silver Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rio Silver's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Rio Silver's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Rio Silver  (TSXV:RYO) 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.


Rio Silver Debt-to-Equity Related Terms

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


Rio Silver (TSXV:RYO) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 1600, c/o WeWork, Vancouver, BC, CAN, V7X 1L4
Rio Silver Inc is engaged in the acquisition, evaluation, and development of mineral properties in the Americas. Its project portfolio includes Ninobamba, Palta Dorado and Gerow Lake. It has one reportable operating segment being Mineral Exploration and Development in two geographic locations being Peru and Canada.
Executives
Jeffrey Reeder Director

Rio Silver (TSXV:RYO) Headlines

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