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Golden Pursuit Resources (TSXV:GDP) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Golden Pursuit Resources Debt-to-Equity?

Golden Pursuit Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Golden Pursuit Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Golden Pursuit Resources's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$-0.44 Mil. Golden Pursuit 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 Golden Pursuit Resources's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Golden Pursuit Resources was -0.09. The lowest was -0.70. And the median was -0.13.

TSXV:GDP'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.

Golden Pursuit Resources Debt-to-Equity Historical Data

The historical data trend for Golden Pursuit 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.

Golden Pursuit Resources Debt-to-Equity Chart

Golden Pursuit Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 - - - -

Golden Pursuit Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Golden Pursuit Resources's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Golden Pursuit 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.


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

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

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



Golden Pursuit Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golden Pursuit Resources's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Golden Pursuit 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.


Golden Pursuit Resources  (TSXV:GDP) 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.


Golden Pursuit Resources Debt-to-Equity Related Terms

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


Golden Pursuit Resources (TSXV:GDP) Business Description

Traded in Other Exchanges
Address
652 Millbank, Vancouver, BC, CAN, V5Z 4B7
Golden Pursuit Resources Ltd is engaged in the acquisition, exploration, and development of mineral properties. It owns properties in Canada and United States. Currently, it is focused on the Gordon Lake Property, located in Northwest Territories, Canada.
Executives
Kathleen Mcclay 10% Security Holder