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Alderon Iron Ore (Alderon Iron Ore) Debt-to-Equity : 0.23 (As of Sep. 2019)


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What is Alderon Iron Ore Debt-to-Equity?

Alderon Iron Ore's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $13.74 Mil. Alderon Iron Ore's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.04 Mil. Alderon Iron Ore's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $60.39 Mil. Alderon Iron Ore's debt to equity for the quarter that ended in Sep. 2019 was 0.23.

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 Alderon Iron Ore's Debt-to-Equity or its related term are showing as below:

AXXDF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Alderon Iron Ore Debt-to-Equity Historical Data

The historical data trend for Alderon Iron Ore'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.

Alderon Iron Ore Debt-to-Equity Chart

Alderon Iron Ore Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.11 0.12 0.26 0.21

Alderon Iron Ore Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.19 0.21 0.22 0.22 0.23

Competitive Comparison of Alderon Iron Ore's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Alderon Iron Ore'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.


Alderon Iron Ore's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alderon Iron Ore's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Alderon Iron Ore's Debt-to-Equity falls into.



Alderon Iron Ore Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alderon Iron Ore's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Alderon Iron Ore's Debt to Equity Ratio for the quarter that ended in Sep. 2019 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.


Alderon Iron Ore  (OTCPK:AXXDF) 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.


Alderon Iron Ore Debt-to-Equity Related Terms

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Alderon Iron Ore (Alderon Iron Ore) Business Description

Traded in Other Exchanges
N/A
Address
1140 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6E 4G1
Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.

Alderon Iron Ore (Alderon Iron Ore) Headlines