Scandium International Mining Stock

Scandium International Mining Debt 2024

Scandium International Mining Debt

-1.02 USD

Ticker

SCY.TO

ISIN

CA80600L1094

WKN

A12F0M

In 2024, Scandium International Mining's total debt was -1.02 USD, a -72.38% change from the -3.7 USD total debt recorded in the previous year.

Scandium International Mining Aktienanalyse

What does Scandium International Mining do?

Scandium International Mining Corp (SIMC) is a Canadian company specializing in the exploration and development of scandium-rich mineral deposits. The company was founded in 2006 and is headquartered in Sparks, Nevada. SIMC's business model is to identify and develop scandium-rich mineral deposits. The company particularly focuses on the combination of scandium with aluminum, as this combination is considered very useful in many areas of modern life. Scandium enhances the performance of aluminum by improving its mechanical strength and reducing its weight. These improvements have led to the use of scandium-based alloys in aerospace, automotive, electrical wiring, and other applications. SIMC currently operates two main projects, with the Nyngan project being the most significant. The Nyngan project is located in New South Wales, Australia. This mine is considered the world's most important scandium-rich ore deposit and contains an estimated 20 million kilograms of scandium-containing ore. SIMC develops the Nyngan ore deposit and markets it in the form of scandium oxide. Another significant investment by SIMC is the Honeybugle project, also located in New South Wales, Australia. This project encompasses two scandium-rich deposits located within four kilometers of each other. The Honeybugle project is currently in the exploration phase. SIMC takes pride in being one of the few, if not the only, companies in the market capable of commercially mining scandium-containing ore. Scandium, named after Scandinavia, is a rare element that rarely occurs in nature. It is obtained by extracting it from by-products of nickel, tin, and uranium in concentrations of about 0.02 percent. SIMC's business model is aimed at establishing a reliable supply chain of scandium oxide to meet the growing demand. SIMC is expected to play a significant role in the future in providing scandium, particularly in application areas where the benefits of scandium-based alloys are most apparent. SIMC has the potential to become one of the key suppliers of scandium-containing ore in the market in the coming years. The company possesses extensive expertise in mineral exploration and development, as well as commercial production of scandium oxide. The company has also focused on research and development to explore new applications of scandium-containing metals and participate in the development of untapped markets. Overall, Scandium International Mining Corp is a company on a rapid growth trajectory with the potential to play a major role in the supply of scandium-containing ore. The company has the personnel and resources to achieve its ambitious corporate goals, as well as a proven business model based on a rapidly increasing demand for scandium-based alloys. It remains to be seen how the company will develop over time, but the prospects are promising. Scandium International Mining ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Scandium International Mining's Debt Structure

Scandium International Mining's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Scandium International Mining's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Scandium International Mining’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Scandium International Mining’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Scandium International Mining stock

What is the debt of Scandium International Mining this year?

Scandium International Mining has a debt level of -1.02 USD this year.

What was the debt of Scandium International Mining compared to the previous year?

The debt of Scandium International Mining has increased by -72.38% compared to the previous year dropped.

What are the consequences of high debt for investors in Scandium International Mining?

High debt can pose a risk for investors of Scandium International Mining, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Scandium International Mining?

Low debt means that Scandium International Mining has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Scandium International Mining affect the company?

An increase in debt of Scandium International Mining can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Scandium International Mining affect the company?

A reduction in debt of Scandium International Mining can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Scandium International Mining?

Some factors that can influence the debt of Scandium International Mining include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Scandium International Mining so important for investors?

The debts of Scandium International Mining are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Scandium International Mining take to change the debt?

To change the debt, Scandium International Mining can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Scandium International Mining pay?

Over the past 12 months, Scandium International Mining paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Scandium International Mining is expected to pay a dividend of 0 USD.

What is the dividend yield of Scandium International Mining?

The current dividend yield of Scandium International Mining is .

When does Scandium International Mining pay dividends?

Scandium International Mining pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Scandium International Mining?

Scandium International Mining paid dividends every year for the past 0 years.

What is the dividend of Scandium International Mining?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Scandium International Mining located?

Scandium International Mining is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Scandium International Mining kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Scandium International Mining from 8/30/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

When did Scandium International Mining pay the last dividend?

The last dividend was paid out on 8/30/2024.

What was the dividend of Scandium International Mining in the year 2023?

In the year 2023, Scandium International Mining distributed 0 USD as dividends.

In which currency does Scandium International Mining pay out the dividend?

The dividends of Scandium International Mining are distributed in USD.

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Andere Kennzahlen von Scandium International Mining

Our stock analysis for Scandium International Mining Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Scandium International Mining Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.