Western Exploration (Western Exploration) Debt-to-Equity : 0.00 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Western Exploration Debt-to-Equity?

Western Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Western Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Western Exploration's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $12.09 Mil. Western Exploration'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 Western Exploration's Debt-to-Equity or its related term are showing as below:

WEXPF'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.

Western Exploration Debt-to-Equity Historical Data

The historical data trend for Western Exploration'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.

Western Exploration Debt-to-Equity Chart

Western Exploration Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Western Exploration Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Western Exploration's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Western Exploration'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.

Western Exploration's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Western Exploration Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Western Exploration's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	0)	/	7.972
	=	0.00

Western Exploration's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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)	/	12.089
	=	0.00

Western Exploration (OTCPK:WEXPF) 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.

Western Exploration Debt-to-Equity Related Terms

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

Western Exploration (Western Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Exploration Inc (OTCPK:WEXPF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WEX:Canada

Address

121 Woodland Avenue, Suite 140, Reno, NV, USA, 89523

Website

https://www.westernexploration.com

Western Exploration Inc is a Nevada-focused precious metals exploration company, aiming to be a gold and silver development company in North America. Its principal asset is the Aura gold-silver project located in Elko County, Nevada.

Western Exploration (Western Exploration) Headlines

From GuruFocus

InvestmentPitch Media Video Discusses Western Exploration's Start of its 2022 Diamond Drill Program at its Aura Gold-Silver Project in Nevada

By PurpleRose PurpleRose • 07-27-2022