GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Yutudao Marine Biotechnology Inc (OTCPK:XCAN) » Definitions » Debt-to-Equity

Yutudao Marine Biotechnology (Yutudao Marine Biotechnology) Debt-to-Equity : 0.36 (As of Dec. 2010)


View and export this data going back to 2008. Start your Free Trial

What is Yutudao Marine Biotechnology Debt-to-Equity?

Yutudao Marine Biotechnology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $18.33 Mil. Yutudao Marine Biotechnology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $0.00 Mil. Yutudao Marine Biotechnology's Total Stockholders Equity for the quarter that ended in Dec. 2010 was $50.74 Mil. Yutudao Marine Biotechnology's debt to equity for the quarter that ended in Dec. 2010 was 0.36.

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 Yutudao Marine Biotechnology's Debt-to-Equity or its related term are showing as below:

XCAN's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Yutudao Marine Biotechnology Debt-to-Equity Historical Data

The historical data trend for Yutudao Marine Biotechnology'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.

Yutudao Marine Biotechnology Debt-to-Equity Chart

Yutudao Marine Biotechnology Annual Data
Trend May08 May09 May10
Debt-to-Equity
- N/A -

Yutudao Marine Biotechnology Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Dec10
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 - - - - 0.36

Competitive Comparison of Yutudao Marine Biotechnology's Debt-to-Equity

For the Oil & Gas Integrated subindustry, Yutudao Marine Biotechnology'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.


Yutudao Marine Biotechnology's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Yutudao Marine Biotechnology's Debt-to-Equity distribution charts can be found below:

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



Yutudao Marine Biotechnology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yutudao Marine Biotechnology's Debt to Equity Ratio for the fiscal year that ended in May. 2010 is calculated as

Yutudao Marine Biotechnology's Debt to Equity Ratio for the quarter that ended in Dec. 2010 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.


Yutudao Marine Biotechnology  (OTCPK:XCAN) 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.


Yutudao Marine Biotechnology Debt-to-Equity Related Terms

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


Yutudao Marine Biotechnology (Yutudao Marine Biotechnology) Business Description

Traded in Other Exchanges
N/A
Address
1 Great Neck Road, Suite 7, Great Neck, New York, USA, 11021
Website
Yutudao Marine Biotechnology Inc, formerly Orient Petroleum and Energy Inc is in the businesses of wholesale distribution of finished oil products and operation of retail gas stations.

Yutudao Marine Biotechnology (Yutudao Marine Biotechnology) Headlines

No Headlines