Dundee Sustainable Technologies (XCNQ:DST) Debt-to-Equity : -1.14 (As of Mar. 2024)

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What is Dundee Sustainable Technologies Debt-to-Equity?

Dundee Sustainable Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.89 Mil. Dundee Sustainable Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$20.45 Mil. Dundee Sustainable Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$-18.78 Mil. Dundee Sustainable Technologies's debt to equity for the quarter that ended in Mar. 2024 was -1.14.

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 Dundee Sustainable Technologies's Debt-to-Equity or its related term are showing as below:

XCNQ:DST' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.85 Med: -1.32 Max: 0.24
Current: -1.14

During the past 12 years, the highest Debt-to-Equity Ratio of Dundee Sustainable Technologies was 0.24. The lowest was -4.85. And the median was -1.32.

XCNQ:DST's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs XCNQ:DST: -1.14

Dundee Sustainable Technologies Debt-to-Equity Historical Data

The historical data trend for Dundee Sustainable Technologies'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.

Dundee Sustainable Technologies Debt-to-Equity Chart

Dundee Sustainable Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-1.20

-1.52

-1.32

-1.24

-1.16

Dundee Sustainable Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-1.28	-1.22	-1.23	-1.16	-1.14

Competitive Comparison of Dundee Sustainable Technologies's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Dundee Sustainable Technologies'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.

Dundee Sustainable Technologies's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dundee Sustainable Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dundee Sustainable Technologies's Debt-to-Equity falls into.

Dundee Sustainable Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dundee Sustainable Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(0.334	+	19.877)	/	-17.491
	=	-1.16

Dundee Sustainable Technologies's Debt to Equity Ratio for the quarter 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
	=	(0.893	+	20.448)	/	-18.776
	=	-1.14

Dundee Sustainable Technologies (XCNQ:DST) 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.

Dundee Sustainable Technologies Debt-to-Equity Related Terms

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Dundee Sustainable Technologies (XCNQ:DST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dundee Sustainable Technologies Inc (XCNQ:DST) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2000 Peel Street, Suite 860, Montreal, QC, CAN, H3A 2W5

Website

http://www.dundeetechnologies.com

Dundee Sustainable Technologies Inc is engaged in the development of technologies for the treatment of materials in the mining industry. The company specializes in testing oxide and sulfide materials for the extraction of nickel, cobalt, copper, zinc, gold, and silver. It has developed metallurgical processes based on chlorination technology. It is a method of treating and extracting gold and/or silver and other base metals by creating a chloride with either chlorine or hydrochloric acid.