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Franklin Mining (Franklin Mining) Debt-to-Equity : -0.22 (As of Sep. 2002)


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What is Franklin Mining Debt-to-Equity?

Franklin Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2002 was $0.57 Mil. Franklin Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2002 was $0.00 Mil. Franklin Mining's Total Stockholders Equity for the quarter that ended in Sep. 2002 was $-2.59 Mil. Franklin Mining's debt to equity for the quarter that ended in Sep. 2002 was -0.22.

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 Franklin Mining's Debt-to-Equity or its related term are showing as below:

FMNJ'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.

Franklin Mining Debt-to-Equity Historical Data

The historical data trend for Franklin Mining'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.

Franklin Mining Debt-to-Equity Chart

Franklin Mining Annual Data
Trend Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.59 0.83 -0.21 -0.18

Franklin Mining Quarterly Data
Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A -0.18 -0.21 -0.17 -0.22

Competitive Comparison of Franklin Mining's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Franklin Mining'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.


Franklin Mining's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Franklin Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Franklin Mining'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.


Franklin Mining  (OTCPK:FMNJ) 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.


Franklin Mining Debt-to-Equity Related Terms

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Franklin Mining (Franklin Mining) Business Description

Traded in Other Exchanges
N/A
Address
215 west Bandera Road, Suite 114-459, Boerne, TX, USA, 78006
Franklin Mining Inc is engaged in the exploration, development, and mining of precious and non-ferrous metals, including gold, silver, lead, copper, and zinc. Its principal mining properties are Franklin Mines, located near Idaho Springs in clear creek country, Colorado, and the Franklin Mill, located on the site of Franklin Mines.

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