Fathom Nickel (Fathom Nickel) Debt-to-Equity : 0.02 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Fathom Nickel Debt-to-Equity?

Fathom Nickel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.04 Mil. Fathom Nickel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.13 Mil. Fathom Nickel's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $10.94 Mil. Fathom Nickel's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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 Fathom Nickel's Debt-to-Equity or its related term are showing as below:

FNICF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 0.02
Current: 0.02

During the past 3 years, the highest Debt-to-Equity Ratio of Fathom Nickel was 0.02. The lowest was 0.02. And the median was 0.02.

FNICF's Debt-to-Equity is ranked better than
82.91% of 1305 companies
in the Metals & Mining industry
Industry Median: 0.13 vs FNICF: 0.02

Fathom Nickel Debt-to-Equity Historical Data

The historical data trend for Fathom Nickel'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.

Fathom Nickel Debt-to-Equity Chart

Fathom Nickel Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

0.02

Fathom Nickel Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial							0.02	0.02	0.02	0.02	0.02

Competitive Comparison of Fathom Nickel's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Fathom Nickel'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.

Fathom Nickel's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Fathom Nickel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fathom Nickel'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
	=	(0.041	+	0.158)	/	9.94
	=	0.02

Fathom Nickel'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
	=	(0.041	+	0.133)	/	10.939
	=	0.02

Fathom Nickel (OTCPK:FNICF) 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.

Fathom Nickel Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Fathom Nickel's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Fathom Nickel (Fathom Nickel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fathom Nickel Inc (OTCPK:FNICF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6Q5:Germany FNI:Canada

Address

521 3rd Avenue SW, Suite 730, Calgary, AB, CAN, T2P3T3

Website

https://www.fathomnickel.com

Fathom Nickel Inc is a resource development and exploration company that is targeting high-grade nickel sulfide discoveries for use in the rapidly growing global electric vehicle market.

Fathom Nickel (Fathom Nickel) Headlines

From GuruFocus

Fathom Nickel Inc. to Present at the Metals and Mining Virtual Investor Conference July 27th

By Marketwired • 07-25-2023