Geodrill Stock

Geodrill Debt

The Debt of Geodrill (GEO.TO) as of Sep 10, 2026 is 10.28 M USD. In the previous year, Debt was 11.36 M USD — a change of -9.50% (lower).

Debt

10.28 MUSD

YoY

-9.50%

Last updated:

In 2026, Geodrill's total debt was 10.28 M USD, a -9.50% change from the 11.36 M USD total debt recorded in the previous year.

The Geodrill Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt
Date
Debt
Jan 1, 2018
6.30 M USD
Jan 1, 2019
3.80 M USD
Jan 1, 2020
3.70 M USD
Jan 1, 2021
7.60 M USD
Jan 1, 2022
5.80 M USD
Jan 1, 2023
12.63 M USD
Jan 1, 2024
11.36 M USD
Jan 1, 2025
10.28 M USD
The Geodrill Debt history
YEARDebtYoY
10.28 MUSD-9.50%
11.36 MUSD-10.02%
12.63 MUSD+117.68%
5.80 MUSD-23.68%
7.60 MUSD+105.41%
3.70 MUSD-2.63%
3.80 MUSD-39.68%
6.30 MUSD+31.25%
4.80 MUSD+9.09%
4.40 MUSD-29.03%
6.20 MUSD-16.22%
7.40 MUSD
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Geodrill Stock analysis

What does Geodrill do? Geodrill Ltd is a Canadian company specializing in drilling services for the mining and mineral sectors. It was founded in 1998 by Dave Harper, who has been serving as CEO since then. The company is headquartered in Toronto, Canada and is listed on both the Canadian and Australian stock exchanges. Geodrill started small, with only one drilling rig and a small team of employees. However, over the years, the company has grown steadily and now has over 70 drilling rigs and employs over 2,500 people in seven different countries worldwide. The company's business model is based on the belief that customers in the mining and mineral sectors have high demands for the quality and efficiency of drilling services. To meet these requirements, Geodrill has developed a range of products and services tailored to the specific needs of the mining and mineral industry. One of Geodrill's core competencies is diamond drilling, which is used in the exploration of mineral deposits. The drilling is carried out by highly skilled professionals using the latest technologies and techniques. The company is also capable of conducting larger scale drilling (RC drilling) for sample extraction from the ground. Geodrill also offers a range of support services to assist customers in the planning and implementation of drilling operations. These include geological services, borehole surveying, and data analysis. Through this comprehensive approach, Geodrill is able to provide seamless drilling services that meet the highest quality standards. The company operates in two main regions: Africa and Latin America. In Africa, Geodrill has a strong presence in countries such as Burkina Faso, Ghana, Ivory Coast, Mali, Zambia, and Tanzania. In Latin America, the company operates in Argentina, Chile, Colombia, and Mexico. In recent years, Geodrill has earned a reputation as a reliable and efficient provider of drilling services. The company is committed to utilizing the latest technologies and methods to provide its customers with a premium drilling experience. It also strives to build close relationships with its customers and offer a level of customer satisfaction that is among the highest in the industry. The company is also committed to adhering to the highest environmental standards and has taken measures to ensure that its drilling operations are as environmentally friendly as possible. For example, Geodrill uses environmentally friendly drilling mud systems to ensure that neither the soil nor water is affected by its operations. Overall, Geodrill Ltd has established itself as a leading provider of drilling services for the mining and mineral industry in recent years. With a comprehensive range of products and services, a strong commitment to customer satisfaction, and a deep understanding of the industry's specific needs, Geodrill is well positioned to continue providing its customers with an excellent drilling experience. Geodrill is one of the most popular companies on Eulerpool.

Debt Details

Understanding Geodrill's Debt Structure

Geodrill'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 Geodrill'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 Geodrill’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 Geodrill’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 Geodrill stock

Debt of Geodrill is 10.28 M USD in 2026.

Debt of Geodrill changed from 11.36 M USD to 10.28 M USD, representing a -9.50% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Debt Geodrill since 2006 – with annual values, charts, and detailed analysis.

Debt's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Debt's Geodrill historically and in real time.

Access this data via the Eulerpool API

Balance Sheet — Geodrill

All Key Metrics — Geodrill