Blue Lagoon Resources (XCNQ:BLLG) Debt-to-Equity : 0.00 (As of Dec. 2024)

Blue Lagoon Resources Debt-to-Equity Chart

Blue Lagoon Resources Quarterly Data
	May19	Aug19	Nov19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
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Competitive Comparison of Blue Lagoon Resources's Debt-to-Equity

For the Gold subindustry, Blue Lagoon Resources'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.

Blue Lagoon Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Blue Lagoon Resources's Debt-to-Equity falls into.

Blue Lagoon Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blue Lagoon Resources's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Blue Lagoon Resources's Debt to Equity Ratio for the quarter that ended in Dec. 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.

Blue Lagoon Resources  (XCNQ:BLLG) 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.

Blue Lagoon Resources Debt-to-Equity Related Terms

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Blue Lagoon Resources Business Description