Switch to:
CD International Enterprises Inc (OTCPK:CDII)
Debt to Equity
0.04 (As of Jun. 2013)

CD International Enterprises Inc's current portion of long-term debt for the quarter that ended in Jun. 2013 was $1.6 Mil. CD International Enterprises Inc's long-term debt for the quarter that ended in Jun. 2013 was $0.0 Mil. CD International Enterprises Inc's total equity for the quarter that ended in Jun. 2013 was $37.2 Mil. CD International Enterprises Inc's debt to equity for the quarter that ended in Jun. 2013 was 0.04.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.


Definition

Debt to Equity measures the financial leverage a company has.

CD International Enterprises Inc's Debt to Equity Ratio for the fiscal year that ended in Sep. 2012 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity
=(1.495 + 0) / 40.349
=0.04

CD International Enterprises Inc's Debt to Equity Ratio for the quarter that ended in Jun. 2013 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity
=(1.627 + 0) / 37.186
=0.04

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt divided by Total Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its Return on Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return on Equity companies.


Related Terms

Current Portion of Long-Term Debt, Long-Term Debt, Total Equity, Return on Equity


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

CD International Enterprises Inc Annual Data

Dec02Dec03Dec04Dec05Dec06Dec07Dec08Sep10Sep11Sep12
deb2equity 0.000.000.000.000.270.060.020.110.040.04

CD International Enterprises Inc Quarterly Data

Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13
deb2equity 0.040.030.040.040.030.050.040.040.040.04
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide