GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Firemans Contractors Inc (OTCPK:FRCN) » Definitions » Debt-to-Equity

Firemans Contractors (Firemans Contractors) Debt-to-Equity : -0.31 (As of Mar. 2014)


View and export this data going back to 2011. Start your Free Trial

What is Firemans Contractors Debt-to-Equity?

Firemans Contractors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was $0.38 Mil. Firemans Contractors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was $0.00 Mil. Firemans Contractors's Total Stockholders Equity for the quarter that ended in Mar. 2014 was $-1.22 Mil. Firemans Contractors's debt to equity for the quarter that ended in Mar. 2014 was -0.31.

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

FRCN's Debt-to-Equity is not ranked *
in the Construction industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Firemans Contractors Debt-to-Equity Historical Data

The historical data trend for Firemans Contractors'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.

Firemans Contractors Debt-to-Equity Chart

Firemans Contractors Annual Data
Trend Jun11 Jun12 Jun13
Debt-to-Equity
-1.84 -0.24 -0.43

Firemans Contractors Quarterly Data
Mar10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 -0.45 -0.43 -0.40 -0.35 -0.31

Competitive Comparison of Firemans Contractors's Debt-to-Equity

For the Engineering & Construction subindustry, Firemans Contractors'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.


Firemans Contractors's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Firemans Contractors's Debt-to-Equity distribution charts can be found below:

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



Firemans Contractors Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Firemans Contractors's Debt to Equity Ratio for the fiscal year that ended in Jun. 2013 is calculated as

Firemans Contractors's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Firemans Contractors  (OTCPK:FRCN) 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.


Firemans Contractors Debt-to-Equity Related Terms

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


Firemans Contractors (Firemans Contractors) Business Description

Traded in Other Exchanges
N/A
Address
2313 E Loop 820 N, Fort Worth, TX, USA, 76118
Firemans Contractors Inc is a full service painting company, focusing on residential, commercial and industrial parking lot striping, and parking lot maintenance services.

Firemans Contractors (Firemans Contractors) Headlines

No Headlines