Alma Gold (XCNQ:ALMA) Debt-to-Equity : 0.00 (As of . 20)

View and export this data going back to 2021. Start your Free Trial

What is Alma Gold Debt-to-Equity?

Alma Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was C$0.00 Mil. Alma Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was C$0.00 Mil. Alma Gold's Total Stockholders Equity for the quarter that ended in . 20 was C$0.00 Mil.

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 Alma Gold's Debt-to-Equity or its related term are showing as below:

XCNQ:ALMA'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.

Alma Gold Debt-to-Equity Historical Data

The historical data trend for Alma 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.

Alma Gold Debt-to-Equity Chart

Alma Gold Annual Data

Trend

Debt-to-Equity

Alma Gold Semi-Annual Data

Debt-to-Equity

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

For the Gold subindustry, Alma 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.

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

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

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

Alma Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alma Gold's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Alma Gold's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Alma Gold (XCNQ:ALMA) 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.

Alma Gold Debt-to-Equity Related Terms

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

Alma Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alma Gold Inc (XCNQ:ALMA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALGLF:USA

Address

1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6C1H2

Website

https://www.almagoldinc.com

Alma Gold Inc is a Canadian based firm involved in the acquisition and exploration of mineral property assets. The company's project consists of Dialakoro Gold Project, Guinea, Karita Gold Project, Guinea, Clarence Stream North Gold Project, Canada. The Company's exploration operations are carried out principally in Canada and secondarily, Guinea.

Alma Gold Headlines

No Headlines