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Hemlo Explorers (XCNQ:HMLO) Debt-to-Equity : 0.00 (As of Jan. 2024)


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What is Hemlo Explorers Debt-to-Equity?

Hemlo Explorers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Hemlo Explorers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Hemlo Explorers's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$0.14 Mil. Hemlo Explorers's debt to equity for the quarter that ended in Jan. 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 Hemlo Explorers's Debt-to-Equity or its related term are showing as below:

XCNQ:HMLO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.02
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Hemlo Explorers was 0.02. The lowest was 0.01. And the median was 0.01.

XCNQ:HMLO's Debt-to-Equity is ranked better than
99.92% of 1311 companies
in the Metals & Mining industry
Industry Median: 0.13 vs XCNQ:HMLO: 0.01

Hemlo Explorers Debt-to-Equity Historical Data

The historical data trend for Hemlo Explorers'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.

Hemlo Explorers Debt-to-Equity Chart

Hemlo Explorers Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 0.02 -

Hemlo Explorers Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.02 0.01 - - -

Competitive Comparison of Hemlo Explorers's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Hemlo Explorers'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.


Hemlo Explorers's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Hemlo Explorers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hemlo Explorers's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Hemlo Explorers's Debt to Equity Ratio for the quarter that ended in Jan. 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.


Hemlo Explorers  (XCNQ:HMLO) 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.


Hemlo Explorers Debt-to-Equity Related Terms

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


Hemlo Explorers (XCNQ:HMLO) Business Description

Traded in Other Exchanges
N/A
Address
141 Adelaide Street West, Suite 301, Toronto, ON, CAN, M5H 3L5
Hemlo Explorers Inc is a Canada-based natural resource exploration and development company. Its project consists of the North-Limb; Belcher Islands Iron; and others.
Executives
Brian Howlett Director, Senior Officer

Hemlo Explorers (XCNQ:HMLO) Headlines

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