Minerco (Minerco) Debt-to-Equity : -0.22 (As of Apr. 2017)

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What is Minerco Debt-to-Equity?

Minerco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2017 was $2.55 Mil. Minerco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2017 was $0.00 Mil. Minerco's Total Stockholders Equity for the quarter that ended in Apr. 2017 was $-11.40 Mil. Minerco's debt to equity for the quarter that ended in Apr. 2017 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 Minerco's Debt-to-Equity or its related term are showing as below:

MINE's Debt-to-Equity is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

Minerco Debt-to-Equity Historical Data

The historical data trend for Minerco'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.

Minerco Debt-to-Equity Chart

Minerco Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Debt-to-Equity

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-0.04

-0.06

-0.44

-1.05

-0.47

Minerco Quarterly Data
	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17
Debt-to-Equity	Get a 7-Day Free Trial															-0.59	-0.47	-0.43	-0.31	-0.22

Competitive Comparison of Minerco's Debt-to-Equity

For the Farm Products subindustry, Minerco'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.

Minerco's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Minerco's Debt-to-Equity distribution charts can be found below:

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

Minerco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Minerco's Debt to Equity Ratio for the fiscal year that ended in Jul. 2016 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.882	+	0)	/	-6.095
	=	-0.47

Minerco's Debt to Equity Ratio for the quarter that ended in Apr. 2017 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.545	+	0)	/	-11.396
	=	-0.22

Minerco (OTCPK:MINE) 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.

Minerco Debt-to-Equity Related Terms

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