Cabral Gold (Cabral Gold) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Cabral Gold Debt-to-Equity?

Cabral Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.01 Mil. Cabral Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Cabral Gold's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6.01 Mil. Cabral Gold'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 Cabral Gold's Debt-to-Equity or its related term are showing as below:

During the past 10 years, the highest Debt-to-Equity Ratio of Cabral Gold was 9.98. The lowest was 0.00. And the median was 0.31.

CBGZF'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.

Cabral Gold Debt-to-Equity Historical Data

The historical data trend for Cabral 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.

Cabral Gold Debt-to-Equity Chart

Cabral Gold Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.31

Cabral Gold 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															0.31	0.21	0.26	0.08	-

Competitive Comparison of Cabral Gold's Debt-to-Equity

For the Gold subindustry, Cabral 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.

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

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

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

Cabral Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cabral Gold'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
	=	(0.011	+	0)	/	6.006
	=	0.00

Cabral Gold'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
	=	(0.011	+	0)	/	6.006
	=	0.00

Cabral Gold (OTCPK:CBGZF) 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.

Cabral Gold Debt-to-Equity Related Terms

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Cabral Gold (Cabral Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cabral Gold Inc (OTCPK:CBGZF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

C3J:Germany CBR:Canada

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.cabralgold.com

Cabral Gold Inc is a junior resource exploration company. It is engaged in the identification, exploration, and development of mineral properties, with a primary focus on gold properties located in Brazil. It has two projects, The Cuiu Cuiu gold project, and The Bom Jardim project. The Cuiu Cuiu gold project consists of several shear zone-hosted gold deposits that occur within granitic rocks of the Cuiu Cuiu Complex, in the Tapajos Region of northern Brazil. Its Bom Jardim project is located northwest of the Cuiu Cuiu property and North West of Eldorado's Tocantinzinho deposit.