Americas Gold And Silver (TSX:USA) Debt-to-Equity : 0.41 (As of Dec. 2023)

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What is Americas Gold And Silver Debt-to-Equity?

Americas Gold And Silver's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$29.4 Mil. Americas Gold And Silver's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.0 Mil. Americas Gold And Silver's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$71.7 Mil. Americas Gold And Silver's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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 Americas Gold And Silver's Debt-to-Equity or its related term are showing as below:

TSX:USA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.16 Max: 0.41
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of Americas Gold And Silver was 0.41. The lowest was 0.09. And the median was 0.16.

TSX:USA's Debt-to-Equity is ranked worse than
71.28% of 1316 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSX:USA: 0.41

Americas Gold And Silver Debt-to-Equity Historical Data

The historical data trend for Americas Gold And Silver'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.

Americas Gold And Silver Debt-to-Equity Chart

Americas Gold And Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.16

0.21

0.15

0.41

Americas Gold And Silver 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															0.15	0.20	0.28	0.28	0.41

Competitive Comparison of Americas Gold And Silver's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Americas Gold And Silver'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.

Americas Gold And Silver's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Americas Gold And Silver's Debt-to-Equity falls into.

Americas Gold And Silver Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Americas Gold And Silver's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(29.393	+	0)	/	71.666
	=	0.41

Americas Gold And Silver's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(29.393	+	0)	/	71.666
	=	0.41

Americas Gold And Silver (TSX:USA) 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.

Americas Gold And Silver Debt-to-Equity Related Terms

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Americas Gold And Silver (TSX:USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Americas Gold And Silver Corp (TSX:USA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

USAS:USA SZ71:Germany

Address

145 King Street West, Suite 2870, Toronto, ON, CAN, M5H 1J8

Website

https://www.americas-gold.com

Americas Gold And Silver Corp is a mining company is engaged in the acquisition, exploration, development, and production of precious metals mineral properties in Mexico and the United States. The company's primary operating assets are The Cosala operations, The Galena Complex, and Relief Canyon. The company also holds interests in the San Felipe Development Project located in Sonora, Mexico.