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ERF Wireless (ERF Wireless) Debt-to-Equity : -1.13 (As of Sep. 2014)


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What is ERF Wireless Debt-to-Equity?

ERF Wireless's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $3.05 Mil. ERF Wireless's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $4.82 Mil. ERF Wireless's Total Stockholders Equity for the quarter that ended in Sep. 2014 was $-6.97 Mil. ERF Wireless's debt to equity for the quarter that ended in Sep. 2014 was -1.13.

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.

The historical rank and industry rank for ERF Wireless's Debt-to-Equity or its related term are showing as below:

ERFB's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

ERF Wireless Debt-to-Equity Historical Data

The historical data trend for ERF Wireless's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ERF Wireless Debt-to-Equity Chart

ERF Wireless Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.97 -2.46 -3.32 -2.08 -1.25

ERF Wireless Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.43 -1.25 -1.17 -1.10 -1.13

Competitive Comparison of ERF Wireless's Debt-to-Equity

For the Communication Equipment subindustry, ERF Wireless's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ERF Wireless's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ERF Wireless's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ERF Wireless's Debt-to-Equity falls into.


ERF Wireless Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ERF Wireless's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(3.435 + 5.479) / -7.121
=-1.25

ERF Wireless's Debt to Equity Ratio for the quarter that ended in Sep. 2014 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(3.045 + 4.824) / -6.972
=-1.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ERF Wireless  (OTCPK:ERFB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

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

ERF Wireless Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of ERF Wireless's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

ERF Wireless (ERF Wireless) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ERF Wireless Inc (OTCPK:ERFB) » Definitions » Debt-to-Equity
Comparable Companies
XCNQ:NUR TCCO VISL BOM:532376 SGX:AZG OSTO:EFFP ROCO:5240 ABIL JSE:ELI OSTO:HDW B OSTO:WAYS XTER:TLI AMPG LSE:STAR XKLS:0102 OHEL:NORDID TSXV:YTY TSXV:LTE BDR BOM:517258
Traded in Other Exchanges
N/A
Address
13500 Noel Road, Suite 436, Dallas, TX, USA, 75240
Website
http://www.erfwireless.com
ERF Wireless Inc provides critical infrastructure wireless broadband communications products and services to a broad spectrum of customers in primarily rural oil and gas exploration. It also provides high-quality broadband services and critical communications services to residential, oil and gas, educational, healthcare, and regional banks in rural areas utilizing. As a total comprehensive solutions provider, the group offers a wide array of critical communications services, including high-speed broadband, voice over Internet Protocol (VOIP) telephone and facsimile service, and video security. The business activities generally function in the areas of North America.