Providence Resources (Providence Resources) Debt-to-Equity : -0.68 (As of Dec. 2012)

Providence Resources Debt-to-Equity Chart

Providence Resources Annual Data
	Trend	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Debt-to-Equity		Get a 7-Day Free Trial					1.31	-3.13	-2.54	-0.75	-0.68

Providence Resources Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Debt-to-Equity	Get a 7-Day Free Trial								1.31	-3.13	-2.54	-0.75	-0.68

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

For the Shell Companies subindustry, Providence 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.

Providence Resources's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

Providence Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Providence Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Providence Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2012 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.

Providence Resources  (OTCPK:PVRS) 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.

Providence Resources Debt-to-Equity Related Terms

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Providence Resources (Providence Resources) Business Description