Showcase Minerals (XCNQ:SHOW) Debt-to-Equity : 0.00 (As of Jan. 2024)

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What is Showcase Minerals Debt-to-Equity?

Showcase Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Showcase Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Showcase Minerals's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$1.39 Mil. Showcase Minerals'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 Showcase Minerals's Debt-to-Equity or its related term are showing as below:

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

During the past 3 years, the highest Debt-to-Equity Ratio of Showcase Minerals was 0.02. The lowest was 0.02. And the median was 0.02.

XCNQ:SHOW's Debt-to-Equity is ranked better than
99.92% of 1310 companies
in the Metals & Mining industry
Industry Median: 0.13 vs XCNQ:SHOW: 0.01

Showcase Minerals Debt-to-Equity Historical Data

The historical data trend for Showcase Minerals'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.

Showcase Minerals Debt-to-Equity Chart

Showcase Minerals Annual Data

Trend

Oct21

Oct22

Oct23

Debt-to-Equity

0.02

Showcase Minerals Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial					-	-	-	0.02	-

Competitive Comparison of Showcase Minerals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Showcase Minerals'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.

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

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

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

Showcase Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Showcase Minerals's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(0.02	+	0)	/	0.998
	=	0.02

Showcase Minerals'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)	/	1.392
	=	0.00

Showcase Minerals (XCNQ:SHOW) 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.

Showcase Minerals Debt-to-Equity Related Terms

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Showcase Minerals (XCNQ:SHOW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Showcase Minerals Inc (XCNQ:SHOW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZJ0:Germany ZJ0:Germany

Address

741 Harbourfront Drive North East, Salmon Arm, BC, CAN, V1E 3L4

Website

Showcase Minerals Inc is engaged in the business of mineral property exploration and development. The company holds the exclusive option to acquire a 100% interest in the Dixie Flats Claims, the North Star Claims, and the Woodruff Claims (collectively, the "Properties"), which are respectively subject to net smelters returns royalties ranging from 2.25% to 4.25%. It has one reportable segment, the exploration and development of mineral property in the State of Nevada, USA.

Executives

Bruno Christian Fruscalzo

Senior Officer

Showcase Minerals (XCNQ:SHOW) Headlines

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