Batero Gold (TSXV:BAT) Debt-to-Equity : 0.00 (As of Feb. 2024)

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What is Batero Gold Debt-to-Equity?

Batero Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Batero Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Batero Gold's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$47.62 Mil. Batero Gold's debt to equity for the quarter that ended in Feb. 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 Batero Gold's Debt-to-Equity or its related term are showing as below:

TSXV:BAT' 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 13 years, the highest Debt-to-Equity Ratio of Batero Gold was 0.02. The lowest was 0.02. And the median was 0.02.

TSXV:BAT's Debt-to-Equity is ranked better than
82.85% of 1300 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:BAT: 0.02

Batero Gold Debt-to-Equity Historical Data

The historical data trend for Batero Gold'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.

Batero Gold Debt-to-Equity Chart

Batero Gold Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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Batero Gold Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	0.02	-

Competitive Comparison of Batero Gold's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Batero Gold'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.

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

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

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

Batero Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Batero Gold's Debt to Equity Ratio for the fiscal year that ended in Aug. 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	+	0)	/	47.824
	=	0.00

Batero Gold's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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	+	0)	/	47.62
	=	0.00

Batero Gold (TSXV:BAT) 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.

Batero Gold Debt-to-Equity Related Terms

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

Batero Gold (TSXV:BAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Batero Gold Corp (TSXV:BAT) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

BELDF:USA 68B:Germany

Address

885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8

Website

https://www.baterogold.com

Batero Gold Corp is engaged in the process of exploring and evaluating its exploration and evaluation assets. It focuses on the exploration and development of the Batero-Quinchia Project, which is located within Colombia's Middle Cauca Belt of porphyry gold-copper and epithermal gold systems. The Batero-Quinchia Project includes La Cumbre Porphyry, Dos Quebradas Porphyry, and El Centro Zone. The company operates in one geographic zone.

Batero Gold (TSXV:BAT) Headlines

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