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Mongoose Mining (XCNQ:MNG) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Mongoose Mining Debt-to-Equity?

Mongoose Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Mongoose Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Mongoose Mining's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$1.18 Mil. Mongoose Mining's debt to equity for the quarter that ended in Sep. 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 Mongoose Mining's Debt-to-Equity or its related term are showing as below:

XCNQ:MNG'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.

Mongoose Mining Debt-to-Equity Historical Data

The historical data trend for Mongoose 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.

Mongoose Mining Debt-to-Equity Chart

Mongoose Mining Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Mongoose Mining Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of Mongoose Mining's Debt-to-Equity

For the Gold subindustry, Mongoose 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.


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

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

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


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Mongoose Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mongoose Mining's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Mongoose Mining's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Mongoose Mining  (XCNQ:MNG) 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.


Mongoose Mining Debt-to-Equity Related Terms

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


Mongoose Mining Business Description

Traded in Other Exchanges
N/A
Address
55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7
Mongoose Mining Ltd is engaged in the acquisition and exploration of mineral property assets. It has properties in Nova Scotia and New Brunswick in Canada.

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