Strategic Resources (TSXV:SR) Debt-to-Equity : 0.12 (As of Mar. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Strategic Resources Debt-to-Equity?

Strategic Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was C$0.63 Mil. Strategic Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was C$16.27 Mil. Strategic Resources's Total Stockholders Equity for the quarter that ended in Mar. 2023 was C$141.09 Mil. Strategic Resources's debt to equity for the quarter that ended in Mar. 2023 was 0.12.

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 Strategic Resources's Debt-to-Equity or its related term are showing as below:

TSXV:SR'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.

Strategic Resources Debt-to-Equity Historical Data

The historical data trend for Strategic Resources'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.

Strategic Resources Debt-to-Equity Chart

Strategic Resources Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

Get a 7-Day Free Trial

Strategic Resources Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	0.12

Competitive Comparison of Strategic Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Strategic Resources'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.

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

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

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

Strategic Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Strategic Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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)	/	4.769
	=	0.00

Strategic Resources's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0.627	+	16.27)	/	141.087
	=	0.12

Strategic Resources (TSXV:SR) 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.

Strategic Resources Debt-to-Equity Related Terms

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

Strategic Resources (TSXV:SR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SCCFF:USA

Address

1155 Metcalfe Street, Suite 1539, Montréal, QC, CAN, H3B 2V6

Website

https://www.strategic-res.com

Strategic Resources Inc is a mineral exploration and development company engaged in the acquisition, exploration, and development of vanadium, iron, titanium, and other metals for the electrification of the economy. The Company is focused on its flagship Mustavaara vanadium-iron-titanium project in Finland. Other project includes the construction-ready BlackRock Vanadium-Titanium-Iron Project in Quebec. The Group has one operating segment, being the acquisition, exploration and evaluation of mineral assets. The company operates in Canada and Finland.

Executives

Scott Victor Andrew Hicks

Director, Senior Officer