GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Stonepath Group Inc (OTCPK:SGRZ) » Definitions » Debt-to-Equity

Stonepath Group (Stonepath Group) Debt-to-Equity : 2.06 (As of Sep. 2006)


View and export this data going back to 2007. Start your Free Trial

What is Stonepath Group Debt-to-Equity?

Stonepath Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2006 was $20.2 Mil. Stonepath Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2006 was $4.2 Mil. Stonepath Group's Total Stockholders Equity for the quarter that ended in Sep. 2006 was $11.9 Mil. Stonepath Group's debt to equity for the quarter that ended in Sep. 2006 was 2.06.

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 Stonepath Group's Debt-to-Equity or its related term are showing as below:

SGRZ's Debt-to-Equity is not ranked *
in the Transportation industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

Stonepath Group Debt-to-Equity Historical Data

The historical data trend for Stonepath Group'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.

Stonepath Group Debt-to-Equity Chart

Stonepath Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Debt-to-Equity
Get a 7-Day Free Trial 0.04 - 0.03 0.46 0.59

Stonepath Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.59 0.74 0.62 2.06

Competitive Comparison of Stonepath Group's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Stonepath Group'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.


Stonepath Group's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Stonepath Group's Debt-to-Equity distribution charts can be found below:

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



Stonepath Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Stonepath Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2005 is calculated as

Stonepath Group's Debt to Equity Ratio for the quarter that ended in Sep. 2006 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.


Stonepath Group  (OTCPK:SGRZ) 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.


Stonepath Group Debt-to-Equity Related Terms

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


Stonepath Group (Stonepath Group) Business Description

Traded in Other Exchanges
N/A
Address
2200 Alaskan Way, Suite 200, Seattle, WA, USA, 98121
Stonepath Group Inc is a non-asset based third-party logistics provider. The Company is engaged in shipping and transportation, managing all aspects of transit.
Executives
Dennis L Pelino director
Bohn H Crain officer: Chief Financial Officer 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Stephen M Cohen officer: General Counsel 1604 LOCUST STREET, THIRD FLOOR, PHILADELPHIA PA 19103

Stonepath Group (Stonepath Group) Headlines

No Headlines