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Glacier Lake Resources (TSXV:GLI) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Glacier Lake Resources Debt-to-Equity?

Glacier Lake Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Glacier Lake Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Glacier Lake Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$-0.19 Mil. Glacier Lake Resources's debt to equity for the quarter that ended in Dec. 2023 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 Glacier Lake 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 Glacier Lake Resources was 0.05. The lowest was -0.04. And the median was -0.02.

TSXV:GLI'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.

Glacier Lake Resources Debt-to-Equity Historical Data

The historical data trend for Glacier Lake 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.

Glacier Lake Resources Debt-to-Equity Chart

Glacier Lake Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 - - - -

Glacier Lake Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Glacier Lake Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Glacier Lake 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.


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

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

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



Glacier Lake Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Glacier Lake Resources's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Glacier Lake Resources's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Glacier Lake Resources  (TSXV:GLI) 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.


Glacier Lake Resources Debt-to-Equity Related Terms

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


Glacier Lake Resources (TSXV:GLI) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Glacier Lake Resources Inc is a resource exploration company. It is engaged in acquiring and exploring resource properties in Canada. Its projects includes the Silver Vista Property and Silver Star Property in British Columbia.
Executives
Mike Withrow Withrow Director

Glacier Lake Resources (TSXV:GLI) Headlines

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