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Nexus Uranium (XCNQ:NEXU) Debt-to-Equity : 0.00 (As of Feb. 2024)


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What is Nexus Uranium Debt-to-Equity?

Nexus Uranium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Nexus Uranium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Nexus Uranium's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$14.75 Mil. Nexus Uranium's debt to equity for the quarter that ended in Feb. 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 Nexus Uranium's Debt-to-Equity or its related term are showing as below:

XCNQ:NEXU'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.

Nexus Uranium Debt-to-Equity Historical Data

The historical data trend for Nexus Uranium'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.

Nexus Uranium Debt-to-Equity Chart

Nexus Uranium Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-Equity
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Nexus Uranium Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Nexus Uranium's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Nexus Uranium'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.


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

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

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



Nexus Uranium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nexus Uranium's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Nexus Uranium's Debt to Equity Ratio for the quarter that ended in Feb. 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.


Nexus Uranium  (XCNQ:NEXU) 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.


Nexus Uranium Debt-to-Equity Related Terms

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


Nexus Uranium (XCNQ:NEXU) Business Description

Traded in Other Exchanges
Address
503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6
Nexus Uranium Corp is a multi-commodity development company focused on advancing the Wray Mesa uranium-vanadium project in Utah in addition to its precious metals portfolio that includes the development-stage Independence mine located adjacent to Nevada Gold Mine's Phoenix-Fortitude mine in Nevada, the Napoleon gold project in British Columbia, and a package of gold claims in the Yukon.
Executives
William Matlack 10% Security Holder

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