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Gold Terra Resource (TSXV:YGT) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Gold Terra Resource Debt-to-Equity?

Gold Terra Resource's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Gold Terra Resource's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Gold Terra Resource's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$48.93 Mil. Gold Terra Resource's debt to equity for the quarter that ended in Mar. 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 Gold Terra Resource's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Gold Terra Resource was 0.01. The lowest was 0.00. And the median was 0.01.

TSXV:YGT'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.

Gold Terra Resource Debt-to-Equity Historical Data

The historical data trend for Gold Terra Resource'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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Gold Terra Resource Debt-to-Equity Chart

Gold Terra Resource Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23
Debt-to-Equity
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Gold Terra Resource Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Gold Terra Resource's Debt-to-Equity

For the Gold subindustry, Gold Terra Resource'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.


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

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

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



Gold Terra Resource Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gold Terra Resource's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Gold Terra Resource'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.


Gold Terra Resource  (TSXV:YGT) 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.


Gold Terra Resource Debt-to-Equity Related Terms

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


Gold Terra Resource (TSXV:YGT) Business Description

Traded in Other Exchanges
Address
325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7
Gold Terra Resource Corp is primarily engaged in the acquisition, exploration and development of mineral properties. Its main focus is on the Yellowknife City Gold Project. Other projects of the company include the Stewart property and the Mulligan property.
Executives
Gerald Panneton Senior Officer

Gold Terra Resource (TSXV:YGT) Headlines

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