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Buffalo Coal (TSXV:BUF) Debt-to-Equity : -1.19 (As of Sep. 2022)


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What is Buffalo Coal Debt-to-Equity?

Buffalo Coal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was C$38.31 Mil. Buffalo Coal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was C$0.00 Mil. Buffalo Coal's Total Stockholders Equity for the quarter that ended in Sep. 2022 was C$-32.10 Mil. Buffalo Coal's debt to equity for the quarter that ended in Sep. 2022 was -1.19.

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 Buffalo Coal's Debt-to-Equity or its related term are showing as below:

TSXV:BUF's Debt-to-Equity is not ranked *
in the Other Energy Sources industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Buffalo Coal Debt-to-Equity Historical Data

The historical data trend for Buffalo Coal'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.

Buffalo Coal Debt-to-Equity Chart

Buffalo Coal Annual Data
Trend Feb12 Feb13 Feb14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.47 -1.19 -1.14 -1.12 -1.14

Buffalo Coal Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.97 -1.14 -0.95 -1.10 -1.19

Competitive Comparison of Buffalo Coal's Debt-to-Equity

For the Thermal Coal subindustry, Buffalo Coal'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.


Buffalo Coal's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Buffalo Coal's Debt-to-Equity distribution charts can be found below:

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



Buffalo Coal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Buffalo Coal's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Buffalo Coal's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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.


Buffalo Coal  (TSXV:BUF) 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.


Buffalo Coal Debt-to-Equity Related Terms

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


Buffalo Coal (TSXV:BUF) Business Description

Traded in Other Exchanges
N/A
Address
Greytown Road, Industrial area, KwaZulu Natal, Dundee, ZAF, 3000
Buffalo Coal Corp is a Canadian based company, that operates as a producer of thermal and metallurgical coal. The business activity of the company includes the supply of thermal coal, anthracite and calcine into both Canadian and international markets. The company holds an interest in two operating mines which are Magdalena bituminous mine and Aviemore anthracite mine.

Buffalo Coal (TSXV:BUF) Headlines

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