Hercules Resources (XCNQ:HERC) Debt-to-Equity : 0.00 (As of Dec. 2024)

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What is Hercules Resources Debt-to-Equity?

Hercules Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Hercules Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Hercules Resources's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$-0.45 Mil. Hercules Resources's debt to equity for the quarter that ended in Dec. 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 Hercules Resources's Debt-to-Equity or its related term are showing as below:

XCNQ:HERC's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Hercules Resources Debt-to-Equity Historical Data

The historical data trend for Hercules Resources'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.

Hercules Resources Debt-to-Equity Chart

Hercules Resources Annual Data

Trend

Sep22

Sep23

Sep24

Debt-to-Equity

Hercules Resources Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Hercules Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Hercules 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.

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

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

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

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Hercules Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hercules Resources's Debt to Equity Ratio for the fiscal year that ended in Sep. 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	+	0)	/	-0.345
	=	0.00

Hercules Resources's Debt to Equity Ratio for the quarter that ended in Dec. 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	+	0)	/	-0.45
	=	0.00

Hercules Resources (XCNQ:HERC) 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.

Hercules Resources Debt-to-Equity Related Terms

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Hercules Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hercules Resources Corp (XCNQ:HERC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1130 West Pender Street, Suite 820, Vancouver, BC, CAN, V6E 4A4

Website

https://www.herculesresourcescorp.com

Hercules Resources Corp is a mineral exploration company involved in the identification, acquisition, and exploration of mineral properties located in British Columbia. The projects of the company include P3 Property, VMP Project and MP Copper Project.

Executives

Michael Smith	Senior Officer
Alan Shui Yan Tam	Director