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Inomin Mines (Inomin Mines) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Inomin Mines Debt-to-Equity?

Inomin Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Inomin Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Inomin Mines's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$1.37 Mil. Inomin Mines'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 Inomin Mines's Debt-to-Equity or its related term are showing as below:

IMINF'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.

Inomin Mines Debt-to-Equity Historical Data

The historical data trend for Inomin Mines'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.

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Inomin Mines Debt-to-Equity Chart

Inomin Mines Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
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Inomin Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Inomin Mines's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Inomin Mines'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.


Inomin Mines's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Inomin Mines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inomin Mines's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Inomin Mines's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Inomin Mines  (OTCPK:IMINF) 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.


Inomin Mines Debt-to-Equity Related Terms

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Inomin Mines (Inomin Mines) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1130, Vancouver, BC, CAN, V6C 3A6
Inomin Mines Inc is a Canadian mineral exploration company. It is engaged in the identification, exploration, and development of mineral properties. The company holds an interest in King's Point property. Its property is located in the Green Bay area of Newfoundland. The company's other projects are Beaver Magnesium-Nickel-Cobalt, Lynx Nickel, La Gitana Gold-Silver, and Pena Blanca Gold-Silver.

Inomin Mines (Inomin Mines) Headlines

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