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Cangold (FRA:CLDN) Debt-to-Equity : 0.00 (As of Dec. 2014)


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What is Cangold Debt-to-Equity?

Cangold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was €0.00 Mil. Cangold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was €0.00 Mil. Cangold's Total Stockholders Equity for the quarter that ended in Dec. 2014 was €-0.02 Mil. Cangold's debt to equity for the quarter that ended in Dec. 2014 was 0.00.

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

FRA:CLDN'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.

Cangold Debt-to-Equity Historical Data

The historical data trend for Cangold'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.

Cangold Debt-to-Equity Chart

Cangold Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Debt-to-Equity
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Cangold Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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Competitive Comparison of Cangold's Debt-to-Equity

For the Gold subindustry, Cangold'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.


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

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

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



Cangold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cangold's Debt to Equity Ratio for the fiscal year that ended in Jun. 2014 is calculated as

Cangold's Debt to Equity Ratio for the quarter that ended in Dec. 2014 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.


Cangold  (FRA:CLDN) 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.


Cangold Debt-to-Equity Related Terms

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


Cangold (FRA:CLDN) Business Description

Traded in Other Exchanges
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Address
Cangold Limited is a junior mineral exploration & development company. The Company's primary focus is precious metals, especially gold.

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