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Silver Storm Mining (TSXV:SVRS) Debt-to-Equity : 0.08 (As of Sep. 2023)


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What is Silver Storm Mining Debt-to-Equity?

Silver Storm Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.24 Mil. Silver Storm Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.96 Mil. Silver Storm Mining's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$15.58 Mil. Silver Storm Mining's debt to equity for the quarter that ended in Sep. 2023 was 0.08.

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

TSXV:SVRS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.08   Max: 0.08
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Silver Storm Mining was 0.08. The lowest was 0.08. And the median was 0.08.

TSXV:SVRS's Debt-to-Equity is ranked better than
58.86% of 1303 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:SVRS: 0.08

Silver Storm Mining Debt-to-Equity Historical Data

The historical data trend for Silver Storm 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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Silver Storm Mining Debt-to-Equity Chart

Silver Storm Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
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Silver Storm Mining Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 - - - - 0.08

Competitive Comparison of Silver Storm Mining's Debt-to-Equity

For the Silver subindustry, Silver Storm 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.


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

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

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



Silver Storm Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Silver Storm Mining's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Silver Storm Mining's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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.


Silver Storm Mining  (TSXV:SVRS) 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.


Silver Storm Mining Debt-to-Equity Related Terms

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


Silver Storm Mining (TSXV:SVRS) Business Description

Traded in Other Exchanges
Address
22 Adelaide Street West, Suite 2020, Bay Adelaide Centre, East Tower, Toronto, ON, CAN, M5H 4E3
Silver Storm Mining Ltd is a Canada-based company. The Company is focused on silver projects located in Durango, Mexico. It operates two projects: La Parrilla Silver Mine Complex and San Diego Project.

Silver Storm Mining (TSXV:SVRS) Headlines

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