Acme Gold Co (XCNQ:AGE) Debt-to-Equity : 0.00 (As of Dec. 2024)

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What is Acme Gold Co Debt-to-Equity?

Acme Gold Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Acme Gold Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Acme Gold Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$0.01 Mil. Acme Gold Co's debt to equity for the quarter that ended in Dec. 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 Acme Gold Co's Debt-to-Equity or its related term are showing as below:

XCNQ:AGE's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Acme Gold Co Debt-to-Equity Historical Data

The historical data trend for Acme Gold Co'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.

Acme Gold Co Debt-to-Equity Chart

Acme Gold Co Annual Data

Trend

Sep21

Sep22

Sep23

Sep24

Debt-to-Equity

Acme Gold Co Quarterly Data
	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											-	-	-	-	-

Competitive Comparison of Acme Gold Co's Debt-to-Equity

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

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

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

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

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Acme Gold Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acme Gold Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 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)	/	0.076
	=	0.00

Acme Gold Co'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	+	0)	/	0.013
	=	0.00

Acme Gold Co (XCNQ:AGE) 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.

Acme Gold Co Debt-to-Equity Related Terms

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Acme Gold Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Acme Gold Co Ltd (XCNQ:AGE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

992 East 13th Avenue, Vancouver, BC, CAN, V5T 2L6

Website

Acme Gold Co Ltd is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Lemon Lake Property.

Executives

Ron Britten

Director