GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Manaris 2010 Corp (OTCPK:AVNY) » Definitions » Debt-to-Equity

Manaris 2010 (Manaris 2010) Debt-to-Equity : 2.97 (As of Mar. 2009)


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

What is Manaris 2010 Debt-to-Equity?

Manaris 2010's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2009 was $3.61 Mil. Manaris 2010's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2009 was $1.51 Mil. Manaris 2010's Total Stockholders Equity for the quarter that ended in Mar. 2009 was $1.72 Mil. Manaris 2010's debt to equity for the quarter that ended in Mar. 2009 was 2.97.

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 Manaris 2010's Debt-to-Equity or its related term are showing as below:

AVNY's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.125
* Ranked among companies with meaningful Debt-to-Equity only.

Manaris 2010 Debt-to-Equity Historical Data

The historical data trend for Manaris 2010'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.

Manaris 2010 Debt-to-Equity Chart

Manaris 2010 Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
Debt-to-Equity
Get a 7-Day Free Trial 0.10 0.39 0.50 0.33 0.21

Manaris 2010 Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 0.48 0.21 0.76 0.84 2.97

Competitive Comparison of Manaris 2010's Debt-to-Equity

For the Shell Companies subindustry, Manaris 2010'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.


Manaris 2010's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Manaris 2010's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Manaris 2010's Debt-to-Equity falls into.



Manaris 2010 Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Manaris 2010's Debt to Equity Ratio for the fiscal year that ended in Jun. 2008 is calculated as

Manaris 2010's Debt to Equity Ratio for the quarter that ended in Mar. 2009 is calculated as

* 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.


Manaris 2010  (OTCPK:AVNY) 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.


Manaris 2010 Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Manaris 2010's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Manaris 2010 (Manaris 2010) Business Description

Traded in Other Exchanges
N/A
Address
400 Montpellier Boulevard, Montreal, QC, CAN, H4N 2G7
Website
Manaris 2010 Corp is a shell company with no operations.
Executives
Cherry Lim director 740, ST-MAURICE STREET, SUITE 102, MONTREAL A8 H3C 1L5

Manaris 2010 (Manaris 2010) Headlines

No Headlines