GREY:CHALF - Post by User
Comment by
TheCanadianDudeon Jun 08, 2022 1:49pm
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Post# 34741015
RE:RE:For every $1 Chalice owns, it owes >$68 in debt due NOV 2022
RE:RE:For every $1 Chalice owns, it owes >$68 in debt due NOV 2022Hello Porttland Blazer under a different alias:
Don't fool yourself! There is no recent filing. The only one available is the September 2021 Quarter. Not even a 4th Q for 2021 or an annual.. First, Blazer, I refer you to:
https://finance.yahoo.com/quote/CHALF/key-statistics?p=CHALF Balance Sheet
| Total Cash (mrq) | 741.17k |
| Total Cash Per Share (mrq) | 0.01 |
| Total Debt (mrq) | 11.56M |
| Total Debt/Equity (mrq) | 68.87 |
Math is simple: LOOK AT THE DE in the last filing. If you want I will define DE for you from Investyopedia directly What Is the Debt-to-Equity (D/E) Ratio?
The debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity. The D/E ratio is an important metric used in corporate finance. It is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. More specifically, it reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn