American Clean Resources Group (American Clean Resources Group) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is American Clean Resources Group Debt-to-Equity?

American Clean Resources Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. American Clean Resources Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. American Clean Resources Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-1.13 Mil. American Clean Resources Group's debt to equity for the quarter that ended in Sep. 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 American Clean Resources Group's Debt-to-Equity or its related term are showing as below:

ACRG' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.54 Med: -0.19 Max: 0.11
Current: -9.08

During the past 13 years, the highest Debt-to-Equity Ratio of American Clean Resources Group was 0.11. The lowest was -0.54. And the median was -0.19.

ACRG's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs ACRG: -9.08

American Clean Resources Group Debt-to-Equity Historical Data

The historical data trend for American Clean Resources Group'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.

American Clean Resources Group Debt-to-Equity Chart

American Clean Resources Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

-0.19

-0.18

-0.19

-0.21

-0.22

American Clean Resources Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-0.22	-0.22	-0.24	-0.54	-

Competitive Comparison of American Clean Resources Group's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, American Clean Resources Group'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.

American Clean Resources Group's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

American Clean Resources Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

American Clean Resources Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(4.006	+	0)	/	-18.467
	=	-0.22

American Clean Resources Group's Debt to Equity Ratio for the quarter that ended in Sep. 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)	/	-1.127
	=	0.00

American Clean Resources Group (OTCPK:ACRG) 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.

American Clean Resources Group Debt-to-Equity Related Terms

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American Clean Resources Group (American Clean Resources Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Clean Resources Group Inc (OTCPK:ACRG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

12567 West Cedar Drive, Suite 104, Lakewood, CO, USA, 80228-2039

Website

http://www.standardgoldmilling.com

American Clean Resources Group Inc is an exploration stage company. It intends to become a full-service permitted custom toll milling and processing company that facilitates the extraction of precious and strategic minerals from mined material. Toll milling is a process whereby the mined material is crushed and ground into fine particles to ease the extraction of any precious minerals such as gold, silver and platinum, and similar metal groups.

Executives

Launch It, Llc	10 percent owner	950 SWAN STREET, LOUISVILLE KY 40204
Granite Peak Resources, Llc	10 percent owner	1712 PIONEER STREET, SUITE 1755, CHEYENNE WY 82011
Sharon Ullman	director, 10 percent owner, officer: CEO, Chairman of the Board	AFIGNIS LLC C/O CBIZ, 1065 AVENUE OF THE AMERICAS, 11TH FLR, NEW YORK NY 10018
J. Bryan Read	director, officer: Interim CEO	815 RED EAGLE ROAD, OHATCHEE AL 36271
Jonathan Spier	officer: Chief Operating Officer	611 WALNUT STREET, GADSDEN AL 35901
Pure Path Capital Management Company, Llc	10 percent owner	5348 VEGAS DRIVE, SUITE 623, LAS VEGAS NV 89108
James Brian Stieben	director	611 WALNUT STREET, GADSDEN AL 35901
Joseph Rosamilia	officer: Chief Financial Officer	611 WALNUT STREET, GADSDEN AL 35901
Tina Gregerson	director, 10 percent owner, officer: Secretary	7 DEY STREET, SUITE 1503, NEW YORK NY 10007
Michael Markiewicz	director, 10 percent owner	7 DEY STREET, SUITE 1503, NEW YORK NY 10007
Blair C Mielke	director	618 N. BURKHARDT ROAD, EVANSVILLE IN 47715
Afignis Llc	10 percent owner	C/O CBIZ, 1065 AVENUE OF THE AMERICAS, 11TH FLOOR, NEW YORK NY 10018
Leslie Lucas Partners Llc	10 percent owner	C/O JAMES LISA, 618 NEWARK AVENUE, SUITE 220, JERSEY CITY NJ 07306
Manfred E Birnbaum	director	N93 W14475 WHITTAKER WAY, MENOMONEE FALLS WI 53051
Alfred A Rapetti	director	234 BRAZILIAN AVE, PALM BEACH FL 33480

American Clean Resources Group (American Clean Resources Group) Headlines

From GuruFocus

American Clean Resources Group Announces Appointment of New CEO, Ms. Tawana Bain

By ACCESSWIRE • 01-08-2024