Gunpoint Exploration (TSXV:GUN) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Gunpoint Exploration Debt-to-Equity?

Gunpoint Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.05 Mil. Gunpoint Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Gunpoint Exploration's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$7.14 Mil. Gunpoint Exploration's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Gunpoint Exploration's Debt-to-Equity or its related term are showing as below:

TSXV:GUN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.16
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Gunpoint Exploration was 0.16. The lowest was 0.01. And the median was 0.12.

TSXV:GUN's Debt-to-Equity is ranked better than
99.92% of 1302 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:GUN: 0.01

Gunpoint Exploration Debt-to-Equity Historical Data

The historical data trend for Gunpoint Exploration'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.

Gunpoint Exploration Debt-to-Equity Chart

Gunpoint Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.16

0.12

0.14

0.02

0.01

Gunpoint Exploration 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															0.02	-	-	-	0.01

Competitive Comparison of Gunpoint Exploration's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Gunpoint Exploration'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.

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

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

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

Gunpoint Exploration Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gunpoint Exploration'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
	=	(0.051	+	0)	/	7.136
	=	0.01

Gunpoint Exploration'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
	=	(0.051	+	0)	/	7.136
	=	0.01

Gunpoint Exploration (TSXV:GUN) 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.

Gunpoint Exploration Debt-to-Equity Related Terms

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

Gunpoint Exploration (TSXV:GUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gunpoint Exploration Ltd (TSXV:GUN) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

CJIMF:USA

Address

1512 Yew Street, Suite 201, Vancouver, BC, CAN, V6K 3E4

Website

http://www.gunpointexploration.com

Gunpoint Exploration Ltd is engaged in the acquisition and exploration of precious metals located in the United States, Mexico, and Guatemala. The company's project includes Talapoosa, La Cecilia, La Gitana, and Cerro Minas Project. The Talapoosa property is a low-sulphidation gold and silver property in the walker lane gold trend of western Nevada, approximately 45 kilometers east of Reno. Its La Cecilia project is located in Sonora state Mexico and covering approximately 900 hectares. The La Gitana and Cerro Minas Project are situated in Oaxaca state, Mexico. The company's geographical segments are Canada, Mexico, the United States, and others.

Executives

P. Randy Reifel

Director

Gunpoint Exploration (TSXV:GUN) Headlines

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