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Emerita Resources (TSXV:EMO) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Emerita Resources Debt-to-Equity?

Emerita Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Emerita Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Emerita Resources's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$5.59 Mil. Emerita Resources'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 Emerita Resources's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Emerita Resources was 0.97. The lowest was -0.73. And the median was -0.18.

TSXV:EMO'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.

Emerita Resources Debt-to-Equity Historical Data

The historical data trend for Emerita 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.

Emerita Resources Debt-to-Equity Chart

Emerita Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.73 - - -

Emerita Resources 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 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 - - - - -

Competitive Comparison of Emerita Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Emerita 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.


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

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

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



Emerita Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emerita Resources's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Emerita Resources's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Emerita Resources  (TSXV:EMO) 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.


Emerita Resources Debt-to-Equity Related Terms

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


Emerita Resources (TSXV:EMO) Business Description

Traded in Other Exchanges
Address
36 Lombard Street, Floor 4, Toronto, ON, CAN, M5C 2X3
Emerita Resources Corp is a natural resource company engaged in the acquisition, exploration and development of mineral properties with a primary focus on exploring in Spain. The company has a 100% interest in the Iberian Belt West project which cover 1,546 hectares located in the Iberian Pyrite Belt in southern Spain as well as the Nuevo Tintillo project which covers 6,875 hectares in the eastern part of the Iberian Pyrite Belt between the deposits of Aznalcollar to the southeast and Rio Tinto to the northwest.
Executives
Joaquin Merino Marquez Senior Officer