GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Carson Development Corp (OTCPK:CDVM) » Definitions » Debt-to-Equity

Carson Development (Carson Development) Debt-to-Equity : -0.24 (As of Sep. 2002)


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

What is Carson Development Debt-to-Equity?

Carson Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2002 was $0.19 Mil. Carson Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2002 was $0.73 Mil. Carson Development's Total Stockholders Equity for the quarter that ended in Sep. 2002 was $-3.82 Mil. Carson Development's debt to equity for the quarter that ended in Sep. 2002 was -0.24.

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 Carson Development's Debt-to-Equity or its related term are showing as below:

CDVM's Debt-to-Equity is not ranked *
in the Real Estate industry.
Industry Median: 0.755
* Ranked among companies with meaningful Debt-to-Equity only.

Carson Development Debt-to-Equity Historical Data

The historical data trend for Carson Development'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.

Carson Development Debt-to-Equity Chart

Carson Development Annual Data
Trend Dec99 Dec00 Dec01
Debt-to-Equity
-1.43 - -0.12

Carson Development Quarterly Data
Mar99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.12 - -0.17 -0.24

Competitive Comparison of Carson Development's Debt-to-Equity

For the Real Estate - Development subindustry, Carson Development'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.


Carson Development's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Carson Development's Debt-to-Equity distribution charts can be found below:

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



Carson Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Carson Development's Debt to Equity Ratio for the fiscal year that ended in Dec. 2001 is calculated as

Carson Development's Debt to Equity Ratio for the quarter that ended in Sep. 2002 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.


Carson Development  (OTCPK:CDVM) 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.


Carson Development Debt-to-Equity Related Terms

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


Carson Development (Carson Development) Business Description

Traded in Other Exchanges
N/A
Address
6917 West 135th Street, Suite B-29, Overland Park, KS, USA, 66223
Carson Development Corp is a Real Estate company. It includes the purchase of raw ground, developing the ground, constructing homes-apartment complexes-shopping centers-businesses, and then managing the property once it is complete.

Carson Development (Carson Development) Headlines

No Headlines