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Rare Element Resources (Rare Element Resources) Debt-to-Equity : 0.02 (As of Dec. 2023)


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What is Rare Element Resources Debt-to-Equity?

Rare Element Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.11 Mil. Rare Element Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.09 Mil. Rare Element Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8.44 Mil. Rare Element Resources's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

REEMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.02   Max: 0.02
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Rare Element Resources was 0.02. The lowest was 0.02. And the median was 0.02.

REEMF's Debt-to-Equity is ranked better than
82.65% of 1314 companies
in the Metals & Mining industry
Industry Median: 0.13 vs REEMF: 0.02

Rare Element Resources Debt-to-Equity Historical Data

The historical data trend for Rare Element 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.

Rare Element Resources Debt-to-Equity Chart

Rare Element Resources 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

Rare Element Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.02 0.02 0.02 0.03 0.02

Competitive Comparison of Rare Element Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Rare Element 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.


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

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

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



Rare Element Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rare Element Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Rare Element Resources's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Rare Element Resources  (OTCPK:REEMF) 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.


Rare Element Resources Debt-to-Equity Related Terms

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


Rare Element Resources (Rare Element Resources) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 271049, Littleton, CO, USA, 80127
Rare Element Resources Ltd is a mineral resource company. It focuses on the exploration and development of rare-earth element deposits that carry a favorable distribution of critical rare earth. The company is advancing the development of the 100% owned Bear Lodge REE Project, located in northeast Wyoming.
Executives
Paul Joseph Hickey director 803 MYLAR PARK DRIVE, CHEYENNE WY 82009
Brent Berg officer: President and CEO 9384 EAST DIANNA DRIVE, GOLD CANYON AZ 85118
Nicole J. Champine director 7800 EAST DORADO PLACE, GREENWOOD VILLAGE CO 80111
Wayne Rich officer: Chief Financial Officer 600 SEVENTEENTH STREET, SUITE 2800 SOUTH, DENVER CO 80202
Lowell A Shonk director 225 UNION BLVD, SUITE 250, LAKEWOOD CO 80228
Randall John Scott officer: President and CEO C/O RARE ELEMENT RESOURCES LTD., 225 UNION BLVD SUITE 250, LAKEWOOD CO 80228
Paul John Schlauch director C/O RARE ELEMENT RESOURCES LTD., 225 UNION BLVD SUITE 250, LAKEWOOD CO 80228
Gerald W Grandey director 225 UNION BLVD, SUITE 250, LAKEWOOD CO 80228
Barton S Brundage director 11700 PINE CANYON POINT, PARKER CO 80138
Kenneth J. Mushinski director 3550 GENERAL ATOMICS COURT, SAN DIEGO CA 92121
David I Roberts director 3550 GENERAL ATOMICS COURT, SAN DIEGO CA 92121
General Atomic Technologies Corp 10 percent owner
Tenaya Corp 10 percent owner 3550 GENERAL ATOMICS COURT, SAN DIEGO CA 92121
Ynchron 10 percent owner 3550 GENERAL ATOMICS COURT, SAN DIEGO CA 92121
Norman William Burmeister director C/O RARE ELEMENT RESOURCES LTD., 255 UNION BLVD SUITE 250, LAKEWOOD CO 80228

Rare Element Resources (Rare Element Resources) Headlines