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Landore Resources (LSE:LND) Debt-to-Equity : 0.00 (As of Jun. 2023)


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What is Landore Resources Debt-to-Equity?

Landore Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.00 Mil. Landore Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.00 Mil. Landore Resources's Total Stockholders Equity for the quarter that ended in Jun. 2023 was £0.22 Mil. Landore Resources's debt to equity for the quarter that ended in Jun. 2023 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 Landore Resources's Debt-to-Equity or its related term are showing as below:

LSE:LND'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.

Landore Resources Debt-to-Equity Historical Data

The historical data trend for Landore 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.

Landore Resources Debt-to-Equity Chart

Landore Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
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Landore Resources Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Landore Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Landore 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.


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

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

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



Landore Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Landore Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Landore Resources's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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.


Landore Resources  (LSE:LND) 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.


Landore Resources Debt-to-Equity Related Terms

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


Landore Resources (LSE:LND) Business Description

Traded in Other Exchanges
Address
La Tonnelle House, P.O. Box 141, Les Banques, Saint Sampson, GGY, GY1 3HS
Landore Resources Ltd is engaged in the exploration and development of a portfolio of precious and base metal properties in North America. The project portfolio of the group includes Junior Lake, Miminiska Lake, Frond Lake, Wottam, Lessard, and others, including Swole Lake and West Graham. Its only operating segment is mineral exploration.

Landore Resources (LSE:LND) Headlines

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