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Golden Minerals Co (Golden Minerals Co) Debt-to-Equity : 0.14 (As of Mar. 2024)


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What is Golden Minerals Co Debt-to-Equity?

Golden Minerals Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.09 Mil. Golden Minerals Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Golden Minerals Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $0.62 Mil. Golden Minerals Co's debt to equity for the quarter that ended in Mar. 2024 was 0.14.

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 Golden Minerals Co's Debt-to-Equity or its related term are showing as below:

AUMN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.48
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Golden Minerals Co was 0.48. The lowest was 0.01. And the median was 0.03.

AUMN's Debt-to-Equity is ranked better than
75.65% of 1302 companies
in the Metals & Mining industry
Industry Median: 0.13 vs AUMN: 0.14

Golden Minerals Co Debt-to-Equity Historical Data

The historical data trend for Golden Minerals Co'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.

Golden Minerals Co Debt-to-Equity Chart

Golden Minerals Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.06 0.03

Golden Minerals Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.03 0.07 0.03 0.14

Competitive Comparison of Golden Minerals Co's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Golden Minerals Co'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.


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

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

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



Golden Minerals Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golden Minerals Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Golden Minerals Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Golden Minerals Co  (AMEX:AUMN) 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.


Golden Minerals Co Debt-to-Equity Related Terms

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


Golden Minerals Co (Golden Minerals Co) Business Description

Traded in Other Exchanges
Address
350 Indiana Street, Suite 650, Golden, CO, USA, 80401
Golden Minerals Co is an exploration stage company engaged in the mining, construction, and exploration of precious metals and mineral properties. It owns and operates Velardena and Chicago precious metals mining properties and associated oxide and sulfide processing plants in the State of Durango, Mexico, the El Quevar exploration property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located in or near historical precious metals producing regions of Mexico. The company's business is structured into two divisions, Mexico operations, and Corporate Exploration and Other.
Executives
Pablo Castanos officer: Executive Vice President 350 INDIANA STREET, SUITE 650, GOLDEN CO 80401
Andrew Pullar director LANDMARK SQUARE, 1ST FL., 64 EARTH CLOSE, WEST BAY BEACH SOUTH, P.O. BOX 10795, GRAND CAYMAN E9 KY1-1007
William Durand Eppler director 165 GILPIN STREET, DENVER CO 80218
David Watkins director 1717 SASAMAT STREET, VANCOUVER A1 V6R 4S3
John Galassini officer: Chief Operating Officer 350 INDIANA STREET, SUITE 650, GOLDEN CO 80401
Julie Weedman officer: Senior VP and CFO 350 INDIANA STREET, SUITE 650, GOLDEN CO 80401
Robert P Vogels officer: VP, Principal Acct Officer 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Sentient Global Resources Fund Iii, Lp 10 percent owner P O BOX 10795, HARBOUR CENTER, GEORGETOWN E9 KY1-1007
Warren Rehn officer: SVP Exploration/Chief Geol. 350 INDIANA STREET, SUITE 800, GOLDEN CO 80401
Jeffrey G Clevenger director, officer: Chief Executive Officer 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Deborah J Friedman officer: Sr VP, Gen. Coun. & Corp. Secy 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Sentient Gp Iv, Lp other: General Partner P O BOX 10795, GRANDY CAYMAN KY1-1007 E9 00000
Sentient Global Resources Fund Iv, L.p. 10 percent owner LANDMARK SQUARE, 64 EARTH CLOSE, WEST BAY BEACH SOUTH, GEORGE TOWN, GRAND CAYMAN E9 KY1-1107
Sentient Executive Gp Iv, Ltd 10 percent owner P O BOX 10795, GRAND CAYMAN E9 KY1-1007
Michael Thomas Mason director 142 STRATFORD AVE, GARDEN CITY NY 11530

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