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ARSEF (Altai Resources) Debt-to-Equity : 0.00 (As of Jun. 2024)


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What is Altai Resources Debt-to-Equity?

Altai Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Altai Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Altai Resources's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $3.32 Mil. Altai Resources's debt to equity for the quarter that ended in Jun. 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 Altai Resources's Debt-to-Equity or its related term are showing as below:

ARSEF's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.455
* Ranked among companies with meaningful Debt-to-Equity only.

Altai Resources Debt-to-Equity Historical Data

The historical data trend for Altai 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.

Altai Resources Debt-to-Equity Chart

Altai Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Altai Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Altai Resources's Debt-to-Equity

For the Oil & Gas E&P subindustry, Altai 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.


Altai Resources's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Altai Resources's Debt-to-Equity distribution charts can be found below:

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



Altai Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Altai Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Altai Resources's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Altai Resources  (OTCPK:ARSEF) 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.


Altai Resources Debt-to-Equity Related Terms

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


Altai Resources Business Description

Traded in Other Exchanges
Address
895 Don Mills Road, Suite 900, Two Morneau Shepell Centre, Toronto, ON, CAN, M3C 1W3
Altai Resources Inc is a Canadian based resource company, with a diversified portfolio of natural gas, oil and gold properties in Canada. It is engaged in the exploration and development of mineral properties. The company's properties portfolio includes Sorel-Trois Riviere's natural gas property, Cessford oil field, and Malartic gold project.

Altai Resources Headlines

From GuruFocus

Altai Announces Election of the Board of Directors

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