Mines Management (Mines Management) Debt-to-Equity : 7.70 (As of Jun. 2016)

View and export this data going back to 1994. Start your Free Trial

What is Mines Management Debt-to-Equity?

Mines Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $1.36 Mil. Mines Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $0.00 Mil. Mines Management's Total Stockholders Equity for the quarter that ended in Jun. 2016 was $0.18 Mil. Mines Management's debt to equity for the quarter that ended in Jun. 2016 was 7.70.

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 Mines Management's Debt-to-Equity or its related term are showing as below:

MGN's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Mines Management Debt-to-Equity Historical Data

The historical data trend for Mines Management'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.

Mines Management Debt-to-Equity Chart

Mines Management Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Debt-to-Equity

Get a 7-Day Free Trial

Mines Management Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	7.70

Competitive Comparison of Mines Management's Debt-to-Equity

For the Silver subindustry, Mines Management'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.

Mines Management's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mines Management's Debt-to-Equity distribution charts can be found below:

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

Mines Management Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mines Management's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 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)	/	2.219
	=	0.00

Mines Management's Debt to Equity Ratio for the quarter that ended in Jun. 2016 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
	=	(1.355	+	0)	/	0.176
	=	7.70

Mines Management (AMEX:MGN) 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.

Mines Management Debt-to-Equity Related Terms

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

Mines Management (Mines Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mines Management Inc (AMEX:MGN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.minesmanagement.com

Mines Management Inc is a publicly held Idaho corporation incorporated on February 20, 1947. The Company is engaged in the business of acquiring, exploring, and if exploration is successful, developing mineral properties, mainly those containing silver and associated base and precious metals. Its main mineral property interest, the Montanore Project, is held by its wholly owned subsidiaries, Newhi, Inc. and Montanore Minerals Corp. The Montanore Project is located in northwestern Montana, and from 1988 to 2002 was owned by Noranda Minerals Corporation. In May 2006, the Company acquired two Noranda subsidiaries that held title to the property providing access to the 14,000 foot Libby adit and related permits. It also owns certain patented and unpatented mining claims on zinc proprieties in northern Washington State referred to as the Iroquois and Advance properties. The Company's activities in the United States are subject to various federal, state and local laws & regulations governing exploration, labor standards, occupational health & mine safety, control of toxic substances and other matters involving environmental protection and taxation.

Executives

Robert L Russell	director	639 N RIVERPOINT BLVD H-203 SPOKANE WA 99202
Glenn Dobbs	director, officer: CEO	905 RIVERSIDE AVE., SUITE 311 SPOKANE WA 99201
James Herbert Moore	officer: Chief Financial Officer
Eric Gregory Klepfer	officer: VP - Operations	13058 SHERWOOD COURT, HAYDEN LAKE ID 83835
Jack Gustavel	director	1411 E. MISSION AVE., SPOKANE WA 99202

Mines Management (Mines Management) Headlines

From GuruFocus

Mines Management Inc Reports Operating Results (10-Q)

By gurufocus • 05-11-2009

Mines Management Inc Reports Operating Results (10-Q)

By gurufocus • 08-08-2009

Mines Management Inc Reports Operating Results (10-Q)

By gurufocus 10qk • 05-17-2010

Mines Management Inc Reports Operating Results (10-Q)

By gurufocus 10qk • 08-13-2010

Mines Management Inc Reports Operating Results (10-Q)

By gurufocus 10qk • 11-10-2009