GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Smooth Rock Ventures Corp (TSXV:SMRV) » Definitions » Debt-to-Equity

Smooth Rock Ventures (TSXV:SMRV) Debt-to-Equity : 0.00 (As of Mar. 2024)


View and export this data going back to 1969. Start your Free Trial

What is Smooth Rock Ventures Debt-to-Equity?

Smooth Rock Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Smooth Rock Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Smooth Rock Ventures's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$0.93 Mil. Smooth Rock Ventures'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 Smooth Rock Ventures's Debt-to-Equity or its related term are showing as below:

TSXV:SMRV'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.

Smooth Rock Ventures Debt-to-Equity Historical Data

The historical data trend for Smooth Rock Ventures'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.

Smooth Rock Ventures Debt-to-Equity Chart

Smooth Rock Ventures Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Smooth Rock Ventures 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 Smooth Rock Ventures's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Smooth Rock Ventures'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.


Smooth Rock Ventures's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Smooth Rock Ventures's Debt-to-Equity falls into.



Smooth Rock Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smooth Rock Ventures's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Smooth Rock Ventures'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.


Smooth Rock Ventures  (TSXV:SMRV) 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.


Smooth Rock Ventures Debt-to-Equity Related Terms

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


Smooth Rock Ventures (TSXV:SMRV) Business Description

Traded in Other Exchanges
Address
1130 West Pender Street, Suite 820, Vancouver, BC, CAN, V6E 4A4
Smooth Rock Ventures Corp is an exploration stage company. The company is engaged in the acquisition, exploration, and development of mineral and metal properties in Canada and the United States. Its project portfolio includes Palmetto, Giroux project, Garfield Flat project and Loman Property.
Executives
Alan Richard Day Director

Smooth Rock Ventures (TSXV:SMRV) Headlines

No Headlines