Orvana Minerals (TSX:ORV) Debt-to-Equity : 0.31 (As of Mar. 2024)

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What is Orvana Minerals Debt-to-Equity?

Orvana Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$16.1 Mil. Orvana Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$5.3 Mil. Orvana Minerals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$69.7 Mil. Orvana Minerals's debt to equity for the quarter that ended in Mar. 2024 was 0.31.

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

TSX:ORV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.28 Max: 0.41
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Orvana Minerals was 0.41. The lowest was 0.01. And the median was 0.28.

TSX:ORV's Debt-to-Equity is ranked worse than
65.92% of 1300 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSX:ORV: 0.31

Orvana Minerals Debt-to-Equity Historical Data

The historical data trend for Orvana Minerals'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.

Orvana Minerals Debt-to-Equity Chart

Orvana Minerals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.27

0.31

0.21

0.37

0.29

Orvana Minerals 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															0.37	0.35	0.29	0.30	0.31

Competitive Comparison of Orvana Minerals's Debt-to-Equity

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

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

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

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

Orvana Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Orvana Minerals's Debt to Equity Ratio for the fiscal year 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
	=	(13.044	+	8.794)	/	76.53
	=	0.29

Orvana Minerals'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
	=	(16.148	+	5.272)	/	69.71
	=	0.31

Orvana Minerals (TSX:ORV) 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.

Orvana Minerals Debt-to-Equity Related Terms

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Orvana Minerals (TSX:ORV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orvana Minerals Corp (TSX:ORV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ORVMF:USA O6M:Germany

Address

70 York Street, Suite 1710, Toronto, ON, CAN, M5J 1S9

Website

https://www.orvana.com

Orvana Minerals Corp is a Canadian mining and exploration company that is involved in the evaluation, development, and mining of precious and base metal deposits. The company predominantly operates in the gold and copper mining industry and its majority of the products are gold dore and gold/copper concentrates. Its properties include El Valle and Carles mines and the El Valle processing plant (collectively, El Valle), producer of copper concentrate and dore, Don Mario Operation and Taguas Property. The company's segments include Orovalle, which operates El Valle Mine in Spain, EMIPA which operates Don Mario Mine in Bolivia, Orvana Argentina and Corporate. Majority of the revenue for the company is generated from its Orovalle segment.

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