EXPL (Endurance Exploration Group) Debt-to-Asset : 1.06 (As of Sep. 2018)

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What is Endurance Exploration Group Debt-to-Asset?

Endurance Exploration Group EXPL +1,328.57% Debt-to-Asset is 1.06 as of Sep. 2018.

Endurance Exploration Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.65 Mil. Endurance Exploration Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.00 Mil. Endurance Exploration Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2018 was $0.61 Mil. Endurance Exploration Group's debt to asset for the quarter that ended in Sep. 2018 was 1.06.

Endurance Exploration Group  (OTCPK:EXPL) 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.

Endurance Exploration Group Debt-to-Asset Related Terms

Endurance Exploration Group Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Endurance Exploration Group'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.

Endurance Exploration Group Debt-to-Asset Chart

Endurance Exploration Group Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.16 0.23 0.00 0.67

Endurance Exploration Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Debt-to-Asset 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 0.48 0.67 0.86 1.00 1.06

EXPL vs NESCQ, SENR, HDII: Debt-to-Asset Comparison

For the Waste Management subindustry, Endurance Exploration Group'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.

Endurance Exploration Group Debt-to-Asset vs Waste Management Industry

For the Waste Management industry and Industrials sector, Endurance Exploration Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Endurance Exploration Group's Debt-to-Asset falls into.


Endurance Exploration Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Endurance Exploration Group's Debt-to-Asset for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.344 + 0) / 0.511
=0.67

Endurance Exploration Group's Debt-to-Asset for the quarter that ended in Sep. 2018 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.645 + 0) / 0.607
=1.06

* 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 1.06 mean?
Endurance Exploration Group (EXPL) has a Debt-to-Asset of 1.06 as of Sep. 2018. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Endurance Exploration Group and its competitors.
Is Endurance Exploration Group's Debt-to-Asset too high?
Endurance Exploration Group's current Debt-to-Asset is 1.06.
How does Endurance Exploration Group's Debt-to-Asset compare to NESCQ and SENR?
Endurance Exploration Group's Debt-to-Asset of 1.06 can be compared against companies in the Waste Management 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 Waste Management company?
A good Debt-to-Asset depends on the Waste Management 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 Endurance Exploration Group and its competitors. Endurance Exploration Group's current Debt-to-Asset is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endurance Exploration Group stock overvalued right now?
Endurance Exploration Group (EXPL) has a current Debt-to-Asset of 1.06. The current Debt-to-Asset is 1.06. 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 Endurance Exploration Group (EXPL), the current Debt-to-Asset is 1.06 as of Sep. 2018. 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.

Endurance Exploration Group Business Description

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760
Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.