Wealth Minerals (TSXV:WML) Debt-to-Equity : 0.00 (As of Feb. 2024)

Wealth Minerals Debt-to-Equity Chart

Wealth Minerals Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Debt-to-Equity		Get a 7-Day Free Trial					0.08	0.11	0.01	-	-

Wealth Minerals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Wealth Minerals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Wealth Minerals'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.

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

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

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

Wealth Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wealth Minerals's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Wealth Minerals's Debt to Equity Ratio for the quarter that ended in Feb. 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.

Wealth Minerals  (TSXV:WML) 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.

Wealth Minerals Debt-to-Equity Related Terms

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Wealth Minerals (TSXV:WML) Business Description