Debt-to-equity of FORMATION MINERALS, INC. from 31 Oct 2022 to 31 Jan 2025

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 in % history and change rate from 31 Oct 2022 to 31 Jan 2025.
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	-268%	-470%	-233%	31 Jul 2024
Q1 2024	352%	+815%		30 Apr 2024
Q4 2023	70%	+195%		31 Jan 2024
Q3 2023	96%	+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.