Sienna Resources (TSXV:SIE) Debt-to-Equity : 0.00 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Sienna Resources Debt-to-Equity?

Sienna Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Sienna Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Sienna Resources's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$2.82 Mil. Sienna 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 Sienna Resources's Debt-to-Equity or its related term are showing as below:

TSXV:SIE' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.12 Med: 0 Max: 0.04
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Sienna Resources was 0.04. The lowest was -0.12. And the median was 0.00.

TSXV:SIE's Debt-to-Equity is ranked better than
99.92% of 1301 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:SIE: 0.01

Sienna Resources Debt-to-Equity Historical Data

The historical data trend for Sienna 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.

Sienna Resources Debt-to-Equity Chart

Sienna Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.03

0.02

0.04

Sienna 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															0.01	0.01	0.01	-	-

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

For the Other Industrial Metals & Mining subindustry, Sienna 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.

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

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

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

Sienna Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sienna Resources'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	+	0)	/	3.346
	=	0.00

Sienna Resources'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	+	0)	/	2.815
	=	0.00

Sienna Resources (TSXV:SIE) 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.

Sienna Resources Debt-to-Equity Related Terms

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

Sienna Resources (TSXV:SIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sienna Resources Inc (TSXV:SIE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SNNAF:USA HRJ1:Germany

Address

700 West Georgia Street, Suite 2905, Vancouver, BC, CAN, V7Y 1K8

Website

https://www.siennaresources.com

Sienna Resources Inc is an exploration-stage company. It is focused on exploring for and developing high-grade deposits in politically stable, environmentally responsible and ethical mining jurisdictions. The projects of the company are Clayton Valley, Kuusamo project and others. The company operates in one business segment, which is the Acquisition and exploration of mineral properties. It has a business presence in Canada, Finland, the US and other regions.

Sienna Resources (TSXV:SIE) Headlines

No Headlines