AXMIN Debt/Equity
What is the Debt/Equity of AXMIN?
The Debt/Equity of AXMIN, Inc. is -1.28
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Materials sector on TSXV compared to AXMIN
What does AXMIN do?
AXMIN Inc., a development stage company, engages in the exploration and development of mineral properties in central and West Africa. The company explores for gold properties. Its primary asset is the Passendro gold project located in Central African Republic. The company also holds a royalty interest in the Senegal project located in the Birimian belt of eastern Senegal. AXMIN Inc. is based in Vancouver, Canada.
Companies with debt/equity similar to AXMIN
- GetBack S.A has Debt/Equity of -1.30
- 7digital plc has Debt/Equity of -1.30
- Wenye has Debt/Equity of -1.29
- Quinto Resources has Debt/Equity of -1.29
- Spentex Industries has Debt/Equity of -1.29
- Cesar SA has Debt/Equity of -1.28
- AXMIN has Debt/Equity of -1.28
- C5 Acquisition has Debt/Equity of -1.28
- Touchpoint has Debt/Equity of -1.28
- Touchpoint has Debt/Equity of -1.28
- Cutera Inc has Debt/Equity of -1.28
- Ramsarup Industries has Debt/Equity of -1.28
- G Medical Innovations has Debt/Equity of -1.28