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Great Republic Mining (XCNQ:GRM) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Great Republic Mining Debt-to-Equity?

Great Republic Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Great Republic Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Great Republic Mining's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$0.47 Mil. Great Republic Mining's debt to equity for the quarter that ended in Mar. 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 Great Republic Mining's Debt-to-Equity or its related term are showing as below:

XCNQ:GRM'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.

Great Republic Mining Debt-to-Equity Historical Data

The historical data trend for Great Republic Mining'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.

Great Republic Mining Debt-to-Equity Chart

Great Republic Mining Annual Data
Trend Jun21 Jun22 Jun23
Debt-to-Equity
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Great Republic Mining Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Great Republic Mining's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Great Republic Mining'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.


Great Republic Mining's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Great Republic Mining's Debt-to-Equity falls into.



Great Republic Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Great Republic Mining's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Great Republic Mining's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Great Republic Mining  (XCNQ:GRM) 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.


Great Republic Mining Debt-to-Equity Related Terms

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


Great Republic Mining (XCNQ:GRM) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
303-543 Granville Street, Vancouver, BC, CAN, V6C 1X8
Great Republic Mining Corp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. It is an exploration stage mining company with one exploration property, the Porcher Mineral Property located in the Skeena Mining Division, British Columbia. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Porcher Island Project.

Great Republic Mining (XCNQ:GRM) Headlines

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