AmmPower (XCNQ:AMMP) Debt-to-Equity : -0.53 (As of Feb. 2024)

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What is AmmPower Debt-to-Equity?

AmmPower's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.73 Mil. AmmPower's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$1.19 Mil. AmmPower's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$-3.66 Mil. AmmPower's debt to equity for the quarter that ended in Feb. 2024 was -0.53.

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 AmmPower's Debt-to-Equity or its related term are showing as below:

XCNQ:AMMP' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.02 Med: 0.52 Max: 5.66
Current: -0.53

During the past 4 years, the highest Debt-to-Equity Ratio of AmmPower was 5.66. The lowest was -3.02. And the median was 0.52.

XCNQ:AMMP's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs XCNQ:AMMP: -0.53

AmmPower Debt-to-Equity Historical Data

The historical data trend for AmmPower'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.

AmmPower Debt-to-Equity Chart

AmmPower Annual Data

Trend

May20

May21

May22

May23

Debt-to-Equity

1.11

-1.21

AmmPower Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial											-3.02	-1.21	-0.92	-0.64	-0.53

Competitive Comparison of AmmPower's Debt-to-Equity

For the Gold subindustry, AmmPower'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.

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

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

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

AmmPower Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AmmPower's Debt to Equity Ratio for the fiscal year that ended in May. 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
	=	(0.765	+	1.197)	/	-1.628
	=	-1.21

AmmPower's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(0.727	+	1.194)	/	-3.657
	=	-0.53

AmmPower (XCNQ:AMMP) 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.

AmmPower Debt-to-Equity Related Terms

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

AmmPower (XCNQ:AMMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AmmPower Corp (XCNQ:AMMP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AMMPF:USA 601A:Germany

Address

5 Hazelton Avenue, Toronto, ON, CAN, M5R 2E1

Website

https://www.ammpower.com

AmmPower Corp is a clean energy company focused on the production of green ammonia. It is active in all facets of green ammonia technology, including the production of green fertilizers, carbon-free shipping fuel, and the 'cracking', or moving of green hydrogen as ammonia. The Company operates in one business segment: which is the development of a proprietary technology to produce green ammonia, a carbon-free fertilizer and energy carrier. The company operates in Australia, which gives majority of the revenue and Canada.

Executives

Aberdeen International Inc.

10% Security Holder

AmmPower (XCNQ:AMMP) Headlines

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