Minerco (Minerco) Debt-to-Asset : 8.48 (As of Apr. 2017)

View and export this data going back to 2009. Start your Free Trial

What is Minerco Debt-to-Asset?

Minerco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2017 was $2.55 Mil. Minerco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2017 was $0.00 Mil. Minerco's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Apr. 2017 was $0.30 Mil. Minerco's debt to asset for the quarter that ended in Apr. 2017 was 8.48.

Minerco Debt-to-Asset Historical Data

The historical data trend for Minerco's Debt-to-Asset 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.

Minerco Debt-to-Asset Chart

Minerco Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Debt-to-Asset

Get a 7-Day Free Trial

0.91

0.52

1.38

9.39

Minerco Quarterly Data
	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17
Debt-to-Asset	Get a 7-Day Free Trial															1.55	9.39	9.52	8.42	8.48

Competitive Comparison of Minerco's Debt-to-Asset

For the Farm Products subindustry, Minerco's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Minerco's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Minerco's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Minerco's Debt-to-Asset falls into.

Minerco Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Minerco's Debt-to-Asset for the fiscal year that ended in Jul. 2016 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.882	+	0)	/	0.307
	=	9.39

Minerco's Debt-to-Asset for the quarter that ended in Apr. 2017 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.545	+	0)	/	0.3
	=	8.48

Minerco (OTCPK:MINE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Minerco Debt-to-Asset Related Terms

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