Sasquatch Resources (XCNQ:SASQ) Debt-to-Equity : 0.00 (As of Jan. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Sasquatch Resources Debt-to-Equity?

Sasquatch Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Sasquatch Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Sasquatch Resources's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$0.57 Mil. Sasquatch Resources'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 Sasquatch Resources's Debt-to-Equity or its related term are showing as below:

XCNQ:SASQ'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.

Sasquatch Resources Debt-to-Equity Historical Data

The historical data trend for Sasquatch 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.

Sasquatch Resources Debt-to-Equity Chart

Sasquatch Resources Annual Data

Trend

Apr22

Apr23

Debt-to-Equity

Sasquatch Resources Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial				-	-	-	-	-

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

For the Other Industrial Metals & Mining subindustry, Sasquatch 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.

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

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

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

Sasquatch Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sasquatch Resources's Debt to Equity Ratio for the fiscal year that ended in Apr. 2023 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)	/	0.507
	=	0.00

Sasquatch Resources's Debt to Equity Ratio for the quarter that ended in Jan. 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)	/	0.571
	=	0.00

Sasquatch Resources (XCNQ:SASQ) 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.

Sasquatch Resources Debt-to-Equity Related Terms

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

Sasquatch Resources (XCNQ:SASQ) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1090 West Georgia Street, Suite 600, Vancouver, BC, CAN, V6E 3V7

Website

https://www.sasquatchresources.com

Sasquatch Resources Corp is a mineral exploration company focused on its Mount Sicker Property in British Columbia, Canada. It engages in the acquisition, exploration, and evaluation of mineral properties.

Executives

Thomas David Lamb

Director

Sasquatch Resources (XCNQ:SASQ) Headlines

No Headlines