LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ts9222

[ts9222]

For example, if you use a Total Liabilities to equity ratio including accounts payable, that ratio ignores current assets like inventories, gold, stockpiles, parts and supplies.

edv has much higher inventories than lsg
Q2
EDV 97.4m
LSG 22.3m.

This can be for things like fuel oil which edv likely uses more of stored in 4 countries.

Total Liabilities to equity ratio isn't meaningful if it ignores these current asset inventories and ignores accounts receivable. Total liabilities can be higher, but total assets can be higher at the same time, offsetting each other.