GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tesoro Minerals Corp (TSXV:TES) » Definitions » Debt-to-Equity

Tesoro Minerals (TSXV:TES) Debt-to-Equity : 0.00 (As of Jul. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Tesoro Minerals Debt-to-Equity?

Tesoro Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was C$0.00 Mil. Tesoro Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was C$0.00 Mil. Tesoro Minerals's Total Stockholders Equity for the quarter that ended in Jul. 2024 was C$0.03 Mil. Tesoro Minerals's debt to equity for the quarter that ended in Jul. 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 Tesoro Minerals's Debt-to-Equity or its related term are showing as below:

TSXV:TES'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.

Tesoro Minerals Debt-to-Equity Historical Data

The historical data trend for Tesoro Minerals'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.

Tesoro Minerals Debt-to-Equity Chart

Tesoro Minerals Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Tesoro Minerals Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 - - - - -

Competitive Comparison of Tesoro Minerals's Debt-to-Equity

For the Gold subindustry, Tesoro Minerals'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.


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

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

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



Tesoro Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tesoro Minerals's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Tesoro Minerals's Debt to Equity Ratio for the quarter that ended in Jul. 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.


Tesoro Minerals  (TSXV:TES) 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.


Tesoro Minerals Debt-to-Equity Related Terms

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


Tesoro Minerals Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1005, Vancouver, BC, CAN, V6C 1T2
Tesoro Minerals Corp is a Canadian mineral exploration company. It is engaged in the acquisition, exploration, and evaluation of resource properties.
Executives
David Brian Elliott 10% Security Holder

Tesoro Minerals Headlines

No Headlines