First Nordic Metals (First Nordic Metals) Debt-to-Equity : 0.00 (As of Mar. 2024)

First Nordic Metals Debt-to-Equity Chart

First Nordic Metals Annual Data
	Trend	Apr15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
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First Nordic Metals Quarterly Data
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Competitive Comparison of First Nordic Metals's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, First Nordic 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.

First Nordic Metals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

First Nordic Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Nordic Metals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

First Nordic Metals's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.

First Nordic Metals  (OTCPK:FNMCF) 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.

First Nordic Metals Debt-to-Equity Related Terms

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First Nordic Metals (First Nordic Metals) Business Description