FORMATION MINERALS, INC. Quarterly Debt-to-equity in % from Q3 2022 to Q2 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 growth rate from Q3 2022 to Q2 2024.
Formation Minerals, Inc. Debt-to-equity for the quarter ending July 31, 2024 was -111 %, a 155% decline year-over-year.

Debt-to-equity, Quarterly (%)

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

Period	Value	YoY Chg	Change %	Date
Q2 2024	-111	-312	-155%	Jul 31, 2024
Q1 2024	-261	+203	+43.8%	Apr 30, 2024
Q4 2023	191	+316		Jan 31, 2024
Q3 2023	271	+429		Oct 31, 2023
Q2 2023	201			Jul 31, 2023
Q1 2023	-463			Apr 30, 2023
Q4 2022	-125			Jan 31, 2023
Q3 2022	-159			Oct 31, 2022

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