Pegmatite One Lithium and Gold (XCNQ:PGA) Debt-to-Equity : 0.00 (As of Feb. 2024)

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What is Pegmatite One Lithium and Gold Debt-to-Equity?

Pegmatite One Lithium and Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Pegmatite One Lithium and Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Pegmatite One Lithium and Gold's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$0.29 Mil. Pegmatite One Lithium and Gold's debt to equity for the quarter that ended in Feb. 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 Pegmatite One Lithium and Gold's Debt-to-Equity or its related term are showing as below:

XCNQ:PGA'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.

Pegmatite One Lithium and Gold Debt-to-Equity Historical Data

The historical data trend for Pegmatite One Lithium and 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.

Pegmatite One Lithium and Gold Debt-to-Equity Chart

Pegmatite One Lithium and Gold Annual Data

Trend

Aug21

Aug22

Aug23

Debt-to-Equity

Pegmatite One Lithium and Gold Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Pegmatite One Lithium and Gold's Debt-to-Equity

For the Gold subindustry, Pegmatite One Lithium and 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.

Pegmatite One Lithium and Gold's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pegmatite One Lithium and Gold's Debt-to-Equity falls into.

Pegmatite One Lithium and Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pegmatite One Lithium and Gold's Debt to Equity Ratio for the fiscal year that ended in Aug. 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)	/	0.53
	=	0.00

Pegmatite One Lithium and Gold's Debt to Equity Ratio for the quarter that ended in Feb. 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)	/	0.287
	=	0.00

Pegmatite One Lithium and Gold (XCNQ:PGA) 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.

Pegmatite One Lithium and Gold Debt-to-Equity Related Terms

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Pegmatite One Lithium and Gold (XCNQ:PGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pegmatite One Lithium and Gold Corp (XCNQ:PGA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2

Website

https://www.madiminerals.com

Pegmatite One Lithium and Gold Corp, formerly Madi Minerals Ltd is focused entirely on gold exploration in British Columbia. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration. The company includes two projects in the there portfolio: the Georgina Project and Morrison River Property.

Pegmatite One Lithium and Gold (XCNQ:PGA) Headlines

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