Salon City (Salon City) Debt-to-Equity : -0.17 (As of Sep. 2008)

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What is Salon City Debt-to-Equity?

Salon City's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.03 Mil. Salon City's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.10 Mil. Salon City's Total Stockholders Equity for the quarter that ended in Sep. 2008 was $-0.74 Mil. Salon City's debt to equity for the quarter that ended in Sep. 2008 was -0.17.

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

SALN's Debt-to-Equity is not ranked ^*
in the Media - Diversified industry.
Industry Median: 0.285
* Ranked among companies with meaningful Debt-to-Equity only.

Salon City Debt-to-Equity Historical Data

The historical data trend for Salon City'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.

Salon City Debt-to-Equity Chart

Salon City Annual Data

Trend

Dec06

Dec07

Debt-to-Equity

-0.49

-0.17

Salon City Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Debt-to-Equity	Get a 7-Day Free Trial			-0.73	-0.17	-0.18	-0.18	-0.17

Competitive Comparison of Salon City's Debt-to-Equity

For the Publishing subindustry, Salon City'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.

Salon City's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Salon City's Debt-to-Equity distribution charts can be found below:

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

Salon City Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Salon City's Debt to Equity Ratio for the fiscal year that ended in Dec. 2007 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
	=	(0.082	+	0.024)	/	-0.622
	=	-0.17

Salon City's Debt to Equity Ratio for the quarter that ended in Sep. 2008 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
	=	(0.025	+	0.1)	/	-0.74
	=	-0.17

Salon City (OTCPK:SALN) 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.

Salon City Debt-to-Equity Related Terms

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Salon City (Salon City) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Salon City Inc (OTCPK:SALN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

909 North Palm Avenue, Suite 311, West Hollywood, CA, USA, 90069

Website

http://www.saloncity.com

Salon City Inc is engaged in the beauty industry through its media and network. Geographically the business presence of the group are seen in United States and internationally.

Salon City (Salon City) Headlines

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