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Ximen Mining (TSXV:XIM) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Ximen Mining Debt-to-Equity?

Ximen Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Ximen Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Ximen Mining's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$0.54 Mil. Ximen Mining's debt to equity for the quarter that ended in Dec. 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 Ximen Mining's Debt-to-Equity or its related term are showing as below:

TSXV:XIM' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.98   Med: -0.03   Max: 6.14
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Ximen Mining was 6.14. The lowest was -0.98. And the median was -0.03.

TSXV:XIM's Debt-to-Equity is ranked better than
56.84% of 1302 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:XIM: 0.09

Ximen Mining Debt-to-Equity Historical Data

The historical data trend for Ximen Mining'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.

Ximen Mining Debt-to-Equity Chart

Ximen Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 - - 0.04

Ximen Mining 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 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 - - 0.04 - -

Competitive Comparison of Ximen Mining's Debt-to-Equity

For the Gold subindustry, Ximen Mining'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.


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

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

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



Ximen Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ximen Mining's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Ximen Mining's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Ximen Mining  (TSXV:XIM) 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.


Ximen Mining Debt-to-Equity Related Terms

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


Ximen Mining (TSXV:XIM) Business Description

Traded in Other Exchanges
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
Ximen Mining Corp is a gold producer in southern British Columbia. The company is focused on the Kenville Gold Mine property near Nelson, British Columbia, and also developing the project into a small underground mine. The company holds an interest in the Brett Epithermal Gold Project, Gold Drop property, Treasure Mountain Silver Project, and Amelia Gold Mine.
Executives
Christopher Ross Anderson Director

Ximen Mining (TSXV:XIM) Headlines

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