Prime Meridian Resources (PMDRF) Debt to Equity Ratio

Price: $0.052
Market Cap: $1.78M
Avg Volume: 6.64K
Country: CA
Industry: Gold
Sector: Basic Materials
Beta: 2.192
52W Range: $0.049-0.1581
Website: Prime Meridian Resources

Debt to Equity Ratio

Prime Meridian Resources's debt to equity ratio indicates the proportion of equity and debt the company uses to finance its assets:

  • Annual: -0.52
  • Quarterly: -0.56
  • TTM: -0.56

Other Key Debt Metrics

These metrics provide additional insights into Prime Meridian Resources's financial leverage and its ability to meet financial obligations:

  • Debt Ratio - indicates the proportion of a company's assets that are financed through debt:
    • Annual: 214.38%
    • Quarterly: 628.98%
    • TTM: 628.98%
  • Debt to Assets Ratio - shows the proportion of a company's assets that are financed by debt:
    • Annual: 214.38%
    • Quarterly: 628.98%
    • TTM: 628.98%

These financial metrics offer a comprehensive view of Prime Meridian Resources's debt structure and financial health. By comparing these ratios with industry benchmarks, investors can better understand the company's leverage and risk profile.

Annual Debt to Equity Ratio

-0.52

Quarterly Debt to Equity Ratio

-0.56

TTM Debt to Equity Ratio

-0.56

Prime Meridian Resources Historical Debt to Equity Ratio
0.000.00-0.13-0.13-0.26-0.26-0.39-0.39-0.52-0.52-0.65-0.65Debt to Equity Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Debt Ratio
5000.00%5000.00%4000.00%4000.00%3000.00%3000.00%2000.00%2000.00%1000.00%1000.00%0.00%0.00%Debt Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Debt to Assets Ratio
5000.00%5000.00%4000.00%4000.00%3000.00%3000.00%2000.00%2000.00%1000.00%1000.00%0.00%0.00%Debt to Assets Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024

Prime Meridian Resources Historical Debt to Equity Ratio

The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.

Year Debt to Equity Ratio Debt Ratio Debt to Assets Ratio
2023 -0.52 214.38% 214.38%
2022 -0.49 332.52% 332.52%
2021 -0.65 147.62% 147.62%
2020 -0.24 1034.39% 1034.39%
2019 -0.47 4743.75% 4743.75%

Related Metrics

Explore detailed financial metrics and analysis for PMDRF.