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Tinka Resources (Tinka Resources) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Tinka Resources Debt-to-Equity?

Tinka Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Tinka Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Tinka Resources's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $55.54 Mil. Tinka Resources's debt to equity for the quarter that ended in Mar. 2024 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 Tinka Resources's Debt-to-Equity or its related term are showing as below:

TKRFF'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.

Tinka Resources Debt-to-Equity Historical Data

The historical data trend for Tinka Resources'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.

Tinka Resources Debt-to-Equity Chart

Tinka Resources Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Debt-to-Equity
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Tinka Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23 Mar24
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Competitive Comparison of Tinka Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Tinka Resources'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.


Tinka Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Tinka Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tinka Resources's Debt to Equity Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Tinka Resources'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.


Tinka Resources  (OTCPK:TKRFF) 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.


Tinka Resources Debt-to-Equity Related Terms

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Tinka Resources (Tinka Resources) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Tinka Resources Ltd is a junior mineral exploration company that is engaged in the acquisition and exploration of precious and base metals on mineral properties located in Peru. It explores zinc, silver, lead, tin, copper, and gold deposits. The company's projects include Ayawilca Zinc Zone, Colqui Silver Zone, Ayawilca Tin Zone, and Silvia Copper-Gold Project.