Continental Coal (ASX:CCC) Debt-to-Asset : 0.62 (As of Jun. 2014)

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Director of Data and Quant Analytics at GuruFocus
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What is Continental Coal Debt-to-Asset?

Continental Coal ASX:CCC Debt-to-Asset is 0.62 as of Jun. 2014. The stock has 4 warning signs investors should review.

Continental Coal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was A$69.59 Mil. Continental Coal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was A$22.79 Mil. Continental Coal's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2014 was A$149.90 Mil. Continental Coal's debt to asset for the quarter that ended in Jun. 2014 was 0.62.

Continental Coal  (ASX:CCC) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Continental Coal Debt-to-Asset Related Terms

Continental Coal Debt-to-Asset Historical Data

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The historical data trend for Continental Coal's Debt-to-Asset 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.

Continental Coal Debt-to-Asset Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Debt-to-Asset
0.08 0.23 0.42 0.62

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Debt-to-Asset Get a 7-Day Free Trial 0.23 0.31 0.42 0.55 0.62

Continental Coal Debt-to-Asset Competitor Comparison

For the Coking Coal subindustry, Continental Coal's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Continental Coal Debt-to-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, Continental Coal's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Continental Coal's Debt-to-Asset falls into.


Continental Coal Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Continental Coal's Debt-to-Asset for the fiscal year that ended in Jun. 2014 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(69.591 + 22.792) / 149.899
=0.62

Continental Coal's Debt-to-Asset for the quarter that ended in Jun. 2014 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(69.591 + 22.792) / 149.899
=0.62

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.62 mean?
Continental Coal (ASX:CCC) has a Debt-to-Asset of 0.62 as of Jun. 2014. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Continental Coal and its competitors.
Is Continental Coal's Debt-to-Asset too high?
Continental Coal's current Debt-to-Asset is 0.62.
How does Continental Coal's Debt-to-Asset compare to competitors?
Continental Coal's Debt-to-Asset of 0.62 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Steel company?
A good Debt-to-Asset depends on the Steel industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Continental Coal and its competitors. Continental Coal's current Debt-to-Asset is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Debt-to-Asset of 0.62. The current Debt-to-Asset is 0.62. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Continental Coal (ASX:CCC), the current Debt-to-Asset is 0.62 as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.