Polo Resources (Polo Resources) Debt-to-Equity : 0.00 (As of Dec. 2019)

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What is Polo Resources Debt-to-Equity?

Polo Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.00 Mil. Polo Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.00 Mil. Polo Resources's Total Stockholders Equity for the quarter that ended in Dec. 2019 was $53.80 Mil. Polo Resources's debt to equity for the quarter that ended in Dec. 2019 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 Polo Resources's Debt-to-Equity or its related term are showing as below:

During the past 12 years, the highest Debt-to-Equity Ratio of Polo Resources was 0.06. The lowest was 0.02. And the median was 0.04.

POLJF's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Polo Resources Debt-to-Equity Historical Data

The historical data trend for Polo Resources'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.

Polo Resources Debt-to-Equity Chart

Polo Resources Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Debt-to-Equity

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0.04

0.05

0.06

0.05

Polo Resources Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Debt-to-Equity	Get a 7-Day Free Trial															-	0.05	-	-	-

Competitive Comparison of Polo Resources's Debt-to-Equity

For the Asset Management subindustry, Polo Resources'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.

Polo Resources's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Polo Resources's Debt-to-Equity distribution charts can be found below:

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

Polo Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Polo Resources's Debt to Equity Ratio for the fiscal year that ended in Jun. 2019 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
	=	(0	+	0)	/	60.073
	=	0.00

Polo Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2019 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
	=	(0	+	0)	/	53.798
	=	0.00

Polo Resources (GREY:POLJF) 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.

Polo Resources Debt-to-Equity Related Terms

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Polo Resources (Polo Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Polo Resources Ltd (GREY:POLJF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Craigmuir Chambers, Tortola, Road Town, VIR, 1110

Website

http://www.poloresources.com

Polo Resources Ltd is a natural resources investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. Polo aims to build a diversified portfolio of mineral and hydrocarbon assets as offering substantial growth potential, pursuing both short and long-term value-enhancing investments. It invests in natural resources globally and across sectors in Asia Pacific.

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