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Pershimex Resources (TSXV:PRO) Debt-to-Equity : 0.00 (As of Nov. 2022)


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What is Pershimex Resources Debt-to-Equity?

Pershimex Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2022 was C$0.00 Mil. Pershimex Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2022 was C$0.00 Mil. Pershimex Resources's Total Stockholders Equity for the quarter that ended in Nov. 2022 was C$8.97 Mil. Pershimex Resources's debt to equity for the quarter that ended in Nov. 2022 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 Pershimex Resources's Debt-to-Equity or its related term are showing as below:

TSXV:PRO'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.

Pershimex Resources Debt-to-Equity Historical Data

The historical data trend for Pershimex 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.

Pershimex Resources Debt-to-Equity Chart

Pershimex Resources Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Debt-to-Equity
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Pershimex Resources Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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Competitive Comparison of Pershimex Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Pershimex 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.


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

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

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



Pershimex Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pershimex Resources's Debt to Equity Ratio for the fiscal year that ended in Feb. 2022 is calculated as

Pershimex Resources's Debt to Equity Ratio for the quarter that ended in Nov. 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.


Pershimex Resources  (TSXV:PRO) 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.


Pershimex Resources Debt-to-Equity Related Terms

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


Pershimex Resources (TSXV:PRO) Business Description

Traded in Other Exchanges
N/A
Address
147 avenue Perrault, Val d'Or, QC, CAN, J9P 2G9
Pershimex Resources Corp is a Canadian exploration company. It is engaged in the acquisition, assessment, exploration, and development of mineral properties. The projects of the company Malartic project, Belleterre property, Forsan property, Courville property and others. The company operates through a single segment which is the exploration and evaluation of mineral resources.
Executives
Robert Gagnon Director, Senior Officer
Roger Bureau 10% Security Holder, Director, Director or Senior Officer of 10% Security Holder