Wireless Xcessories Group (Wireless Xcessories Group) Debt-to-Equity : 0.00 (As of Dec. 2007)

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What is Wireless Xcessories Group Debt-to-Equity?

Wireless Xcessories Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2007 was $0.00 Mil. Wireless Xcessories Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2007 was $0.00 Mil. Wireless Xcessories Group's Total Stockholders Equity for the quarter that ended in Dec. 2007 was $7.55 Mil. Wireless Xcessories Group's debt to equity for the quarter that ended in Dec. 2007 was 0.00.

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 Wireless Xcessories Group's Debt-to-Equity or its related term are showing as below:

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

Wireless Xcessories Group Debt-to-Equity Historical Data

The historical data trend for Wireless Xcessories Group'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.

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Wireless Xcessories Group Debt-to-Equity Chart

Wireless Xcessories Group Annual Data

Trend

Dec98

Dec99

Dec00

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Dec03

Dec04

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Dec06

Dec07

Debt-to-Equity

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Wireless Xcessories Group Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Wireless Xcessories Group's Debt-to-Equity

For the Communication Equipment subindustry, Wireless Xcessories Group'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.

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

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

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

Wireless Xcessories Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wireless Xcessories Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2007 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	+	0)	/	7.547
	=	0.00

Wireless Xcessories Group's Debt to Equity Ratio for the quarter that ended in Dec. 2007 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	+	0)	/	7.547
	=	0.00

Wireless Xcessories Group (OTCPK:WIRX) 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.

Wireless Xcessories Group Debt-to-Equity Related Terms

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Wireless Xcessories Group (Wireless Xcessories Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wireless Xcessories Group Inc (OTCPK:WIRX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1840 County Line Road, Suite 212, Huntingdon Valley, PA, USA, 19006

Website

http://www.wirexgroup.com

Wireless Xcessories Group Inc is a supplier of accessories for wireless products, Bluetooth products, OEM products and pouches across the US and worldwide. Its typical customer is a multi-location dealer, master agent, franchiser, or distributor, located in Canada and the Caribbean. Its product line consists of more than 5,000 items covering over 200 different handsets. It sources, designs, creates and markets more than 30 category items.

Executives

Brazdley T Macdonald

director

3316 SERENITY WAY, OWINGS MILLS MD 21117

Wireless Xcessories Group (Wireless Xcessories Group) Headlines

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