Debt-to-equity in % of FORMATION MINERALS, INC. from Q3 2022 to Q4 2024

Taxonomy & unit: ratio: %
Description: 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.
Summary: FORMATION MINERALS, INC. quarterly Debt-to-equity history and change rate from Q3 2022 to Q4 2024.
FORMATION MINERALS, INC. Debt-to-equity for the quarter ending 31 Jan 2025 was -114 %, a 263% decline year-over-year.

Debt-to-equity, Quarterly (%)

Debt-to-equity, YoY Quarterly Change (%)

FORMATION MINERALS, INC. Quarterly Debt-to-equity (%)

Period	Value	YoY Chg	Change %	Date
Q4 2024	-114	-184	-263%	31 Jan 2025
Q3 2024	-128	-223	-233%	31 Oct 2024
Q2 2024	-269	-470	-233%	31 Jul 2024
Q1 2024	352	+815		30 Apr 2024
Q4 2023	70	+195		31 Jan 2024
Q3 2023	95.8	+254		31 Oct 2023
Q2 2023	201			31 Jul 2023
Q1 2023	-463			30 Apr 2023
Q4 2022	-125			31 Jan 2023
Q3 2022	-159			31 Oct 2022

* An asterisk sign (*) next to the value indicates that the value is likely invalid.