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AuQ Gold Mining (TSXV:AUQ) Debt-to-Equity : 0.32 (As of Nov. 2023)


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What is AuQ Gold Mining Debt-to-Equity?

AuQ Gold Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.21 Mil. AuQ Gold Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.01 Mil. AuQ Gold Mining's Total Stockholders Equity for the quarter that ended in Nov. 2023 was C$0.68 Mil. AuQ Gold Mining's debt to equity for the quarter that ended in Nov. 2023 was 0.32.

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 AuQ Gold Mining's Debt-to-Equity or its related term are showing as below:

TSXV:AUQ' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.4   Med: 0.04   Max: 2.5
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of AuQ Gold Mining was 2.50. The lowest was -0.40. And the median was 0.04.

TSXV:AUQ's Debt-to-Equity is ranked worse than
66.95% of 1301 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:AUQ: 0.32

AuQ Gold Mining Debt-to-Equity Historical Data

The historical data trend for AuQ Gold Mining'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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AuQ Gold Mining Debt-to-Equity Chart

AuQ Gold Mining Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 2.50 0.27 0.47 0.28

AuQ Gold Mining Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.28 0.29 0.31 0.32

Competitive Comparison of AuQ Gold Mining's Debt-to-Equity

For the Gold subindustry, AuQ Gold Mining'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.


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

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

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



AuQ Gold Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AuQ Gold Mining's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as

AuQ Gold Mining's Debt to Equity Ratio for the quarter that ended in Nov. 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.


AuQ Gold Mining  (TSXV:AUQ) 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.


AuQ Gold Mining Debt-to-Equity Related Terms

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


AuQ Gold Mining (TSXV:AUQ) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 701, Vancouver, BC, CAN, V6C 2T5
AuQ Gold Mining Inc, is an exploration company. It is engaged in the exploration of mineral properties .The company has interests in a gold property in the Province of Quebec and the Yukon Territory.
Executives
Glen Colin Macdonald Director, Senior Officer

AuQ Gold Mining (TSXV:AUQ) Headlines

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