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CMX Gold & Silver (XCNQ:CXC) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is CMX Gold & Silver Debt-to-Equity?

CMX Gold & Silver's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. CMX Gold & Silver's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. CMX Gold & Silver's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$0.33 Mil. CMX Gold & Silver's debt to equity for the quarter that ended in Dec. 2023 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 CMX Gold & Silver's Debt-to-Equity or its related term are showing as below:

XCNQ:CXC' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.97   Med: -0.59   Max: 208
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of CMX Gold & Silver was 208.00. The lowest was -1.97. And the median was -0.59.

XCNQ:CXC's Debt-to-Equity is ranked better than
66.67% of 1302 companies
in the Metals & Mining industry
Industry Median: 0.13 vs XCNQ:CXC: 0.05

CMX Gold & Silver Debt-to-Equity Historical Data

The historical data trend for CMX Gold & Silver'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.

CMX Gold & Silver Debt-to-Equity Chart

CMX Gold & Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.59 -0.46 0.03 0.03 -

CMX Gold & Silver Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.03 0.04 -

Competitive Comparison of CMX Gold & Silver's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, CMX Gold & Silver'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.


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

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

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



CMX Gold & Silver Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CMX Gold & Silver's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

CMX Gold & Silver's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


CMX Gold & Silver  (XCNQ:CXC) 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.


CMX Gold & Silver Debt-to-Equity Related Terms

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


CMX Gold & Silver (XCNQ:CXC) Business Description

Traded in Other Exchanges
Address
31 Stranraer Place SW, Calgary, AB, CAN, T3H 1H5
CMX Gold & Silver Corp is engaged in mineral exploration. The company is a junior mining company with a silver-lead-zinc property in the United States of America. Its geographical segments are Canada and the United States.
Executives
Lossie Alston Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Ron Otsig 10% Security Holder
Brinkton Corporation Deemed Insider - 6 Months before becoming Insider
Glen Robert Alston Senior Officer

CMX Gold & Silver (XCNQ:CXC) Headlines

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