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
DateValue
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