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Dixie Gold (Dixie Gold) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Dixie Gold Debt-to-Equity?

Dixie Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Dixie Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Dixie Gold's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1.20 Mil. Dixie Gold's debt to equity for the quarter that ended in Mar. 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 Dixie Gold's Debt-to-Equity or its related term are showing as below:

YWRLF'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.

Dixie Gold Debt-to-Equity Historical Data

The historical data trend for Dixie Gold'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.

Dixie Gold Debt-to-Equity Chart

Dixie Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Dixie Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Dixie Gold's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Dixie Gold'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.

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

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

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


Dixie Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dixie Gold's Debt to Equity Ratio for the fiscal year 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
=(0 + 0) / 1.073
=0.00

Dixie Gold's Debt to Equity Ratio for the quarter that ended in Mar. 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) / 1.195
=0.00

* 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.

Dixie Gold  (OTCPK:YWRLF) 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.

Dixie Gold Debt-to-Equity Related Terms

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

Dixie Gold (Dixie Gold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dixie Gold Inc (OTCPK:YWRLF) » Definitions » Debt-to-Equity
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Traded in Other Exchanges
2YCA:Germany DG:Canada
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
Website
https://www.dixiegold.ca
Dixie Gold Inc is engaged in the exploration and development of mineral resources. It is involved in a diverse portfolio of exploration projects, including gold, lithium and uranium assets in Canada. The firm's projects include the Red Lake Gold Project, Isko gold project and Phoenix nad trop lithium projects.