Mosaic Minerals (XCNQ:MOC) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Mosaic Minerals Debt-to-Equity?

Mosaic Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Mosaic Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Mosaic Minerals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$2.07 Mil. Mosaic Minerals'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 Mosaic Minerals's Debt-to-Equity or its related term are showing as below:

XCNQ:MOC'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.

Mosaic Minerals Debt-to-Equity Historical Data

The historical data trend for Mosaic Minerals'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.

Mosaic Minerals Debt-to-Equity Chart

Mosaic Minerals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Mosaic Minerals 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															-	-	-	-	-

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

For the Gold subindustry, Mosaic 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.

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

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

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

Mosaic Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mosaic Minerals'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)	/	2.18
	=	0.00

Mosaic Minerals'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)	/	2.065
	=	0.00

Mosaic Minerals (XCNQ:MOC) 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.

Mosaic Minerals Debt-to-Equity Related Terms

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Mosaic Minerals (XCNQ:MOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mosaic Minerals Corp (XCNQ:MOC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

410 St-Nicolas, Suite 236, Montreal, QC, CAN, H2Y2P5

Website

https://www.mosaicminerals.ca

Mosaic Minerals Corp specializes in the exploration of gold and lithium mining sites located in the province of Quebec, Canada. It has focused on the research, exploration, and development of base metal projects focusing on copper and nickel. The company's project portfolio includes Lithium projects, Gaboury, Lichen, and 113 North.

Executives

Maurice Giroux

10% Security Holder, Director, Senior Officer