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Stria Lithium (TSXV:SRA) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Stria Lithium Debt-to-Equity?

Stria Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Stria Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Stria Lithium's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$2.39 Mil. Stria Lithium'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 Stria Lithium's Debt-to-Equity or its related term are showing as below:

During the past 12 years, the highest Debt-to-Equity Ratio of Stria Lithium was 0.83. The lowest was 0.00. And the median was 0.00.

TSXV:SRA'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.

Stria Lithium Debt-to-Equity Historical Data

The historical data trend for Stria Lithium'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.

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Stria Lithium Debt-to-Equity Chart

Stria Lithium Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
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Stria Lithium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Stria Lithium's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Stria Lithium'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.


Stria Lithium's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Stria Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Stria Lithium's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Stria Lithium'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.


Stria Lithium  (TSXV:SRA) 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.


Stria Lithium Debt-to-Equity Related Terms

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


Stria Lithium (TSXV:SRA) Business Description

Traded in Other Exchanges
Address
945 Princess Street, Box 118, Kingston, ON, CAN, K7L 0E9
Stria Lithium Inc is engaged in the acquisition, exploration, and development of mineral properties in Quebec, Canada, as well as the development of processes to purify and recover lithium metal directly from ore and brine liquids. The company's project includes the Pontax project and the Romer Property.
Executives
Dean Hanisch Senior Officer

Stria Lithium (TSXV:SRA) Headlines

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