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Angus Gold (TSXV:GUS) Debt-to-Equity : 0.00 (As of Oct. 2023)


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What is Angus Gold Debt-to-Equity?

Angus Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. Angus Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. Angus Gold's Total Stockholders Equity for the quarter that ended in Oct. 2023 was C$3.16 Mil. Angus Gold's debt to equity for the quarter that ended in Oct. 2023 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 Angus Gold's Debt-to-Equity or its related term are showing as below:

TSXV:GUS'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.

Angus Gold Debt-to-Equity Historical Data

The historical data trend for Angus Gold'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.

Angus Gold Debt-to-Equity Chart

Angus Gold Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
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Angus Gold Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Competitive Comparison of Angus Gold's Debt-to-Equity

For the Gold subindustry, Angus Gold'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.


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

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

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



Angus Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Angus Gold's Debt to Equity Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Angus Gold's Debt to Equity Ratio for the quarter that ended in Oct. 2023 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.


Angus Gold  (TSXV:GUS) 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.


Angus Gold Debt-to-Equity Related Terms

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


Angus Gold (TSXV:GUS) Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4
Angus Gold Inc is a gold exploration company focused on the acquisition, exploration, and development of mineral properties. Its principal project is Golden Sky, located in Wawa, Ontario.

Angus Gold (TSXV:GUS) Headlines

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