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Bravo Mining (TSXV:BRVO) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Bravo Mining Debt-to-Equity?

Bravo Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.03 Mil. Bravo Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.03 Mil. Bravo Mining's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$75.00 Mil. Bravo Mining's debt to equity for the quarter that ended in Mar. 2024 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 Bravo Mining's Debt-to-Equity or its related term are showing as below:

TSXV:BRVO'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.

Bravo Mining Debt-to-Equity Historical Data

The historical data trend for Bravo Mining'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.

Bravo Mining Debt-to-Equity Chart

Bravo Mining Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
- - -

Bravo Mining Quarterly Data
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 - - - - -

Competitive Comparison of Bravo Mining's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Bravo Mining'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.

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

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

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


Bravo Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bravo Mining'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
=(0.028 + 0.04) / 74.059
=0.00

Bravo Mining'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
=(0.03 + 0.032) / 75
=0.00

* 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.

Bravo Mining  (TSXV:BRVO) 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.

Bravo Mining Debt-to-Equity Related Terms

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

Bravo Mining (TSXV:BRVO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bravo Mining Corp (TSXV:BRVO) » Definitions » Debt-to-Equity
Comparable Companies
TSX:PPTA TSX:NUAG TSX:GGD TSXV:GBU TSXV:MTA TSXV:ABRA TSX:PTM TSX:LUC TSX:VOXR TSXV:CKG ISX:AMMN JSE:AMS MIC:ALRS SZSE:000975 LSE:FRES ISX:MBMA JSE:IMP TSX:TFPM HL JSE:NPH
Traded in Other Exchanges
BRVMF:USA
Address
Av. Jornalista Ricardo Marinho, n. 360, Room 111 Barra da Tijuca, Rio de Janeiro, BRA, 22631-350
Website
https://www.bravomining.com
Bravo Mining Corp is an intermediate-stage mineral exploration company focused on the exploration and development of the Luanga Project. The Luanga Project is an intermediate-stage PGE including palladium, platinum, rhodium, gold, and nickel exploration project located in Carajss, Para State, Brazil.
Executives
Luis Azevedo 10% Security Holder, Director, Senior Officer