Minerva Gold (MINR) Debt to Equity (2021 - 2023)
Minerva Gold (MINR) recorded quarterly Debt to Equity of -$1.39 in Q2 2023, down 121.65% quarter-over-quarter from $6.41 in Q1 2023, and down 253.87% on a YoY basis from $0.9 in Q2 2022.
Minerva Gold (MINR) Debt to Equity (2021 - 2023) Analysis & Trends
Minerva Gold's Debt to Equity history runs 3 years deep, the most recent figure standing at -$1.39 for Q2 2023.
- In Q2 2023, Debt to Equity fell 253.87% year-over-year to -$1.39; the TTM figure through May 2023 stood at -$1.39 (down 253.87% YoY), while the FY2023 annual figure was $6.41, up 1306.5% from the prior year.
- Debt to Equity was -$1.39 for Q2 2023 at Minerva Gold, down from $6.41 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $6.41 in Q1 2023 to a low of -$2.95 in Q3 2021.
- Historically, Debt to Equity has averaged $0.82 across 3 years, with a median of $0.46 in 2022.
- Biggest YoY gain for Debt to Equity was 1306.5% in 2023; the steepest drop was 253.87% in 2023.
- A 3-year view of Debt to Equity shows it stood at $0.32 in 2021, then jumped by 544.75% to $2.06 in 2022, then slumped by 167.35% to -$1.39 in 2023.
- The last three Debt to Equity figures came in at -$1.39 (Q2 2023), $6.41 (Q1 2023), and $2.06 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | - |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | 0.17 |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 0.11 |
| 4 | Perpetua Resources | 2.83 Bn | 2.83 Bn | - | - |
| 5 | Versamet Royalties | 2.41 Bn | 2.40 Bn | - | 0.60 |
| 6 | Metalla Royalty & Streaming | 2.10 Bn | 2.09 Bn | 2.79 Mn | - |
| 7 | Sibanye Stillwater | 1.84 Bn | 838.91 Mn | - | - |
| 8 | Avino Silver & Gold Mines | 1.57 Bn | 1.43 Bn | - | 0.00 |
| 9 | Solaris Resources | 1.41 Bn | 1.39 Bn | - | - |
| 10 | Minerva Gold | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2023 | -1.39 |
| Feb 28, 2023 | 6.41 |
| Nov 30, 2022 | 2.06 |
| Aug 31, 2022 | 1.32 |
| May 31, 2022 | 0.90 |
| Feb 28, 2022 | 0.46 |
| Nov 30, 2021 | 0.32 |
| Aug 31, 2021 | -2.95 |
| Feb 28, 2021 | 0.25 |