GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xali Gold Corp (TSXV:XGC) » Definitions » Debt-to-Equity

Xali Gold (TSXV:XGC) Debt-to-Equity : -0.02 (As of Dec. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Xali Gold Debt-to-Equity?

Xali Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.12 Mil. Xali Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Xali Gold's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$-6.04 Mil. Xali Gold's debt to equity for the quarter that ended in Dec. 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 Xali Gold's Debt-to-Equity or its related term are showing as below:

TSXV:XGC' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.02   Med: -0.01   Max: 0.12
Current: -0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Xali Gold was 0.12. The lowest was -0.02. And the median was -0.01.

TSXV:XGC's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.14 vs TSXV:XGC: -0.02

Xali Gold Debt-to-Equity Historical Data

The historical data trend for Xali Gold'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.

Xali Gold Debt-to-Equity Chart

Xali Gold Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.01 -0.01

Xali Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.01 -0.01 -0.01 -0.02 -0.02

Competitive Comparison of Xali Gold's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Xali Gold'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.


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

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

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


;
;

Xali Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xali Gold's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Xali Gold's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Xali Gold  (TSXV:XGC) 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.


Xali Gold Debt-to-Equity Related Terms

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


Xali Gold Business Description

Traded in Other Exchanges
Address
1112 West Pender Street, Suite 801, Vancouver, BC, CAN, V6E 2S1
Xali Gold Corp is a mineral exploration company. The company is engaged in the exploration of mineral rights interests in Mexico, Peru, and Canada. Its projects include El Oro, El Dorado, Cocula, and Tres Marias.
Executives
Joanne Freeze Director, Senior Officer

Xali Gold Headlines

No Headlines