Andean Precious Metals (Andean Precious Metals) Debt-to-Equity : 0.36 (As of Dec. 2023)

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What is Andean Precious Metals Debt-to-Equity?

Andean Precious Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.9 Mil. Andean Precious Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $38.6 Mil. Andean Precious Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $132.0 Mil. Andean Precious Metals's debt to equity for the quarter that ended in Dec. 2023 was 0.36.

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 Andean Precious Metals's Debt-to-Equity or its related term are showing as below:

ANPMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.36 Max: 0.36
Current: 0.36

During the past 4 years, the highest Debt-to-Equity Ratio of Andean Precious Metals was 0.36. The lowest was 0.36. And the median was 0.36.

ANPMF's Debt-to-Equity is ranked worse than
68.88% of 1311 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ANPMF: 0.36

Andean Precious Metals Debt-to-Equity Historical Data

The historical data trend for Andean Precious Metals'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.

Andean Precious Metals Debt-to-Equity Chart

Andean Precious Metals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.36

Andean Precious Metals Quarterly Data
	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											-	-	-	-	0.36

Competitive Comparison of Andean Precious Metals's Debt-to-Equity

For the Silver subindustry, Andean Precious Metals'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.

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

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

* The bar in red indicates where Andean Precious Metals's Debt-to-Equity falls into.

Andean Precious Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Andean Precious Metals'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
	=	(8.87	+	38.588)	/	131.969
	=	0.36

Andean Precious Metals's Debt to Equity Ratio for the quarter 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
	=	(8.87	+	38.588)	/	131.969
	=	0.36

Andean Precious Metals (OTCPK:ANPMF) 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.

Andean Precious Metals Debt-to-Equity Related Terms

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Andean Precious Metals (Andean Precious Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andean Precious Metals Corp (OTCPK:ANPMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

APM:Canada

Address

Ignacio L. Vallarta, No. 811 Sur, Col. El Mirador Centro, Monterrey, NL, MEX, 64070

Website

https://www.andeanpm.com

Andean Precious Metals Corp is a Canadian-listed, growth-focused precious metals producer operating in Bolivia and the United States. The Company is engaged in the exploration, exploitation, treatment, refining and commercialization of dore bars containing silver and gold, which it extracts from its mining rights and through purchased third-party material.

Andean Precious Metals (Andean Precious Metals) Headlines

From GuruFocus

Andean Precious Metals to Webcast Live at VirtualInvestorConferences.com on November 11

By PRNewswire PRNewswire • 11-04-2021