HYII (All Grade Mining) Debt-to-Asset : 1.90 (As of Sep. 2013)

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What is All Grade Mining Debt-to-Asset?

All Grade Mining HYII Debt-to-Asset is 1.90 as of Sep. 2013.

All Grade Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.46 Mil. All Grade Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.51 Mil. All Grade Mining's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2013 was $0.51 Mil. All Grade Mining's debt to asset for the quarter that ended in Sep. 2013 was 1.90.

All Grade Mining  (GREY:HYII) 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.

All Grade Mining Debt-to-Asset Related Terms

All Grade Mining Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for All Grade Mining'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.

All Grade Mining Debt-to-Asset Chart

All Grade Mining Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-Asset
Get a 7-Day Free Trial 2.24 1.51 5.32 2.05 0.87

All Grade Mining Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.13 0.87 1.51 2.27 1.90

HYII vs VCAN, ADAC, CIIT: Debt-to-Asset Comparison

For the Steel subindustry, All Grade Mining'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.

All Grade Mining Debt-to-Asset vs Steel Industry

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

* The bar in red indicates where All Grade Mining's Debt-to-Asset falls into.


All Grade Mining Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

All Grade Mining's Debt-to-Asset for the fiscal year that ended in Dec. 2012 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.349 + 0.3628) / 0.820665
=0.87

All Grade Mining's Debt-to-Asset for the quarter that ended in Sep. 2013 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.45896 + 0.51081) / 0.509982
=1.90

* 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 1.90 mean?
All Grade Mining (HYII) has a Debt-to-Asset of 1.90 as of Sep. 2013. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on All Grade Mining and its competitors.
Is All Grade Mining's Debt-to-Asset too high?
All Grade Mining's current Debt-to-Asset is 1.90.
How does All Grade Mining's Debt-to-Asset compare to VCAN and ADAC?
All Grade Mining's Debt-to-Asset of 1.90 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 All Grade Mining and its competitors. All Grade Mining's current Debt-to-Asset is 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is All Grade Mining stock overvalued right now?
All Grade Mining (HYII) has a current Debt-to-Asset of 1.90. The current Debt-to-Asset is 1.90. 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 All Grade Mining (HYII), the current Debt-to-Asset is 1.90 as of Sep. 2013. 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.

All Grade Mining Business Description

Address 370 West Pleasantview Avenue, Suite 163, Hackensack, NJ, USA, 07601
All Grade Mining Inc is a development-stage company focused on the extraction of iron ore and copper from mines located in the Republic of Chile. The company owns the Salitrosa Iron Ore Mine, located 28 kilometers from Chanaral and 60 kilometers from the Caldera port. It comprises of iron ore reserve of over 40 million metric tons based on magnometric and geological studies done on the property.