Norden Crown Metals (TSXV:NOCR) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Norden Crown Metals Debt-to-Equity?

Norden Crown Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Norden Crown Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Norden Crown Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$2.70 Mil. Norden Crown Metals'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 Norden Crown Metals's Debt-to-Equity or its related term are showing as below:

During the past 11 years, the highest Debt-to-Equity Ratio of Norden Crown Metals was 0.26. The lowest was -0.37. And the median was 0.10.

TSXV:NOCR'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.

Norden Crown Metals Debt-to-Equity Historical Data

The historical data trend for Norden Crown Metals'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.

Norden Crown Metals Debt-to-Equity Chart

Norden Crown Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.26

0.10

Norden Crown Metals 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															-	-	-	-	-

Competitive Comparison of Norden Crown Metals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Norden Crown Metals'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.

Norden Crown Metals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Norden Crown Metals's Debt-to-Equity falls into.

Norden Crown Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Norden Crown Metals's Debt to Equity Ratio for the fiscal year that ended in Dec. 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)	/	2.704
	=	0.00

Norden Crown Metals's Debt to Equity Ratio for the quarter that ended in Dec. 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)	/	2.704
	=	0.00

Norden Crown Metals (TSXV:NOCR) 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.

Norden Crown Metals Debt-to-Equity Related Terms

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Norden Crown Metals (TSXV:NOCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Norden Crown Metals Corp (TSXV:NOCR) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

NOCRF:USA 03EA:Germany

Address

233 West 1st Street, Suite 340, North Vancouver, Vancouver, BC, CAN, V7M 1B3

Website

http://www.nordencrownmetals.com

Norden Crown Metals Corp is a mineral exploration company focused on the discovery of silver, zinc, copper, and gold deposits. It is engaged in one business activity, which is the exploration of base and precious metals. The company's projects include the Gumsberg VMS project and the Burfjord IOCG project.

Norden Crown Metals (TSXV:NOCR) Headlines

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