Amarc Resources (TSXV:AHR) Debt-to-Equity : -1.35 (As of Sep. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Amarc Resources Debt-to-Equity?

Amarc Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.02 Mil. Amarc Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.75 Mil. Amarc Resources's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$-0.58 Mil. Amarc Resources's debt to equity for the quarter that ended in Sep. 2023 was -1.35.

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 Amarc Resources's Debt-to-Equity or its related term are showing as below:

TSXV:AHR' s Debt-to-Equity Range Over the Past 10 Years
Min: -93.25 Med: -0.84 Max: 21.11
Current: -1.35

During the past 13 years, the highest Debt-to-Equity Ratio of Amarc Resources was 21.11. The lowest was -93.25. And the median was -0.84.

TSXV:AHR's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs TSXV:AHR: -1.35

Amarc Resources Debt-to-Equity Historical Data

The historical data trend for Amarc 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.

Amarc Resources Debt-to-Equity Chart

Amarc Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

-1.65

-0.83

21.11

-1.17

-1.55

Amarc Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.25	0.21	-1.55	-0.83	-1.35

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

For the Other Industrial Metals & Mining subindustry, Amarc 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.

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

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

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

Amarc Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Amarc Resources'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
	=	(0.021	+	0.7)	/	-0.465
	=	-1.55

Amarc Resources's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.022	+	0.752)	/	-0.575
	=	-1.35

Amarc Resources (TSXV:AHR) 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.

Amarc Resources Debt-to-Equity Related Terms

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

Amarc Resources (TSXV:AHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amarc Resources Ltd (TSXV:AHR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AXREF:USA

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.amarcresources.com

Amarc Resources Ltd is a mineral exploration and development company. It is engaged in the acquisition, exploration, and development of mineral properties mainly in British Columbia, Canada. Its project holdings comprise the IKE Project located in south-central British Columbia, the JOY Project, located in north-central British Columbia, and DUKE Project located in central British Columbia. It has a single reportable segment which is the acquisition, exploration and development of mineral properties.

Executives

Terrance Barry Coughlan

Director

Amarc Resources (TSXV:AHR) Headlines

From GuruFocus

Unveiling the Dividend Dynamics of American Healthcare REIT Inc

By GuruFocus Research • 09-29-2023

American Healthcare REIT Inc's Dividend Analysis

By GuruFocus Research • 12-25-2023