Poseidon Concepts (TSX:PSN) Debt-to-Equity : 0.52 (As of Sep. 2012)

View and export this data going back to 2011. Start your Free Trial

What is Poseidon Concepts Debt-to-Equity?

Poseidon Concepts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was C$0.0 Mil. Poseidon Concepts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was C$55.5 Mil. Poseidon Concepts's Total Stockholders Equity for the quarter that ended in Sep. 2012 was C$107.5 Mil. Poseidon Concepts's debt to equity for the quarter that ended in Sep. 2012 was 0.52.

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 Poseidon Concepts's Debt-to-Equity or its related term are showing as below:

TSX:PSN's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Poseidon Concepts Debt-to-Equity Historical Data

The historical data trend for Poseidon Concepts'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.

Poseidon Concepts Debt-to-Equity Chart

Poseidon Concepts Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Debt-to-Equity

Get a 7-Day Free Trial

0.18

0.33

0.27

0.33

1.52

Poseidon Concepts Quarterly Data
	Dec06	Dec07	Dec08	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Debt-to-Equity	Get a 7-Day Free Trial										0.29	1.52	0.09	0.29	0.52

Competitive Comparison of Poseidon Concepts's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Poseidon Concepts'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.

Poseidon Concepts's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Poseidon Concepts's Debt-to-Equity distribution charts can be found below:

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

Poseidon Concepts Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Poseidon Concepts's Debt to Equity Ratio for the fiscal year that ended in Dec. 2011 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
	=	(28.371	+	0)	/	18.728
	=	1.51

Poseidon Concepts's Debt to Equity Ratio for the quarter that ended in Sep. 2012 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
	=	(0	+	55.544)	/	107.495
	=	0.52

Poseidon Concepts (TSX:PSN) 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.

Poseidon Concepts Debt-to-Equity Related Terms

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