St-Georges Eco-Mining (XCNQ:SX) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is St-Georges Eco-Mining Debt-to-Equity?

St-Georges Eco-Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$4.79 Mil. St-Georges Eco-Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$1.26 Mil. St-Georges Eco-Mining's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$30.06 Mil. St-Georges Eco-Mining's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 St-Georges Eco-Mining's Debt-to-Equity or its related term are showing as below:

XCNQ:SX' s Debt-to-Equity Range Over the Past 10 Years
Min: -17.09 Med: 0.22 Max: 419.5
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of St-Georges Eco-Mining was 419.50. The lowest was -17.09. And the median was 0.22.

XCNQ:SX's Debt-to-Equity is ranked worse than
56.87% of 1310 companies
in the Metals & Mining industry
Industry Median: 0.13 vs XCNQ:SX: 0.20

St-Georges Eco-Mining Debt-to-Equity Historical Data

The historical data trend for St-Georges Eco-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.

St-Georges Eco-Mining Debt-to-Equity Chart

St-Georges Eco-Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar22

Mar23

Debt-to-Equity

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1.61

419.50

0.49

0.47

0.21

St-Georges Eco-Mining Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.54	0.47	0.21	0.22	0.20

Competitive Comparison of St-Georges Eco-Mining's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, St-Georges Eco-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.

St-Georges Eco-Mining's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

St-Georges Eco-Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

St-Georges Eco-Mining's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(4.605	+	1.333)	/	27.771
	=	0.21

St-Georges Eco-Mining's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(4.792	+	1.261)	/	30.06
	=	0.20

St-Georges Eco-Mining (XCNQ:SX) 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.

St-Georges Eco-Mining Debt-to-Equity Related Terms

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St-Georges Eco-Mining (XCNQ:SX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » St-Georges Eco-Mining Corp (XCNQ:SX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SXOOF:USA 85G1:Germany

Address

1000 Sherbrooke Street West, Suite 2700, Montreal, QC, CAN, H3A3G4

Website

https://www.st-georgescorp.com

St-Georges Eco-Mining Corp develops new technologies to solve some of the most common environmental problems in the mining sector, including maximizing metal recovery results throughout the value chain. The company has an integrated urban mining strategy which includes full-circle battery recycling and green hydrogen production. It also has verticals in critical mineral exploration in Quebec and Iceland. Its segment includes the acquisition and exploration of mining properties.

Executives

Francois Dumas

Director, Senior Officer

St-Georges Eco-Mining (XCNQ:SX) Headlines

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