NorthX Nickel (FRA:6YR) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is NorthX Nickel Debt-to-Equity?

NorthX Nickel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.00 Mil. NorthX Nickel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.00 Mil. NorthX Nickel's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €3.38 Mil. NorthX Nickel's debt to equity for the quarter that ended in Sep. 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 NorthX Nickel's Debt-to-Equity or its related term are showing as below:

FRA:6YR'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.

NorthX Nickel Debt-to-Equity Historical Data

The historical data trend for NorthX Nickel'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.

NorthX Nickel Debt-to-Equity Chart

NorthX Nickel Annual Data

Trend

Sep20

Sep21

Debt-to-Equity

NorthX Nickel Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial													-	-	-	-	-

Competitive Comparison of NorthX Nickel's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, NorthX Nickel'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.

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

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

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

NorthX Nickel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NorthX Nickel's Debt to Equity Ratio for the fiscal year that ended in Sep. 2021 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)	/	0.879
	=	0.00

NorthX Nickel's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	0)	/	3.378
	=	0.00

NorthX Nickel (FRA:6YR) 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.

NorthX Nickel Debt-to-Equity Related Terms

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NorthX Nickel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NorthX Nickel Corp (FRA:6YR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NXNIF:USA NIX:Canada

Address

200 Burrard Street, 1200 Waterfront Centre, Vancouver, BC, CAN, V7X 1T2

Website

https://www.archerexploration.com

NorthX Nickel Corp is focused on the exploration of mineral claims located in Québec and Ontario, Canada. The Company's primary mineral property is the Grasset Project in Quebec. The Company also holds a portfolio of 41 mineral properties in Ontario, of which 38 are situated in the Sudbury mining district.

NorthX Nickel Headlines

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