LFLRF (LaFleur Minerals) Debt-to-Equity : 0.16 (As of Dec. 2024)

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What is LaFleur Minerals Debt-to-Equity?

LaFleur Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.57 Mil. LaFleur Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. LaFleur Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $3.52 Mil. LaFleur Minerals's debt to equity for the quarter that ended in Dec. 2024 was 0.16.

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 LaFleur Minerals's Debt-to-Equity or its related term are showing as below:

LFLRF' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.87 Med: -0.26 Max: 1.36
Current: 0.16

During the past 6 years, the highest Debt-to-Equity Ratio of LaFleur Minerals was 1.36. The lowest was -2.87. And the median was -0.26.

LFLRF's Debt-to-Equity is ranked worse than
52.67% of 1238 companies
in the Metals & Mining industry
Industry Median: 0.14 vs LFLRF: 0.16

LaFleur Minerals Debt-to-Equity Historical Data

The historical data trend for LaFleur 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.

LaFleur Minerals Debt-to-Equity Chart

LaFleur Minerals Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Mar24

Debt-to-Equity

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-0.20

-0.27

-0.28

-2.87

LaFleur Minerals 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															-0.27	-2.87	-1.14	1.36	0.16

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

For the Other Industrial Metals & Mining subindustry, LaFleur 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.

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

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

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

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LaFleur Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LaFleur Minerals's Debt to Equity Ratio for the fiscal year 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
	=	(1.184	+	0)	/	-0.413
	=	-2.87

LaFleur Minerals's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.567	+	0)	/	3.517
	=	0.16

LaFleur Minerals (OTCPK:LFLRF) 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.

LaFleur Minerals Debt-to-Equity Related Terms

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

LaFleur Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » LaFleur Minerals Inc (OTCPK:LFLRF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

3WK0:Germany LFLR:Canada

Address

1500 - 1055 West Georgia Street, Vancouver, BC, CAN, V6E 4N7

Website

https://www.quebecpegmatite.com

LaFleur Minerals Inc is a North American junior mining exploration company that specializes in lithium and owns 100% of two lithium properties which properties are located in the James Bay and Mazerac regions, covering approximately 303 sqkm. The Vieux Comptoir property is located approximately 45km east of the Patriot Battery Metals Corvette Project and 45km west of Winsome Resources, Adina project and is under Option to Superior Mining International Corporation. The Mazerac property is located about 50km southwest of Val-d'Or and is located near Vision Lithium's Cadillac property and Winsome Resources' Decelles property.

LaFleur Minerals Headlines

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LaFleur Minerals to Restart Gold Milling at Beacon Gold Mill in Val-d'Or, Quebec

By ACN Newswire • 03-03-2025