AMGY (American Metal & Technology) Debt-to-Equity: 0.00 (As of Sep. 2010)

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What is American Metal & Technology Debt-to-Equity?

American Metal & Technology AMGY -99.00% Debt-to-Equity is 0.00 as of Sep. 2010.

American Metal & Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2010 was $0.00 Mil. American Metal & Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2010 was $0.00 Mil. American Metal & Technology's Total Stockholders Equity for the quarter that ended in Sep. 2010 was $17.70 Mil. American Metal & Technology's debt to equity for the quarter that ended in Sep. 2010 was 0.00.

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 American Metal & Technology's Debt-to-Equity or its related term are showing as below:

AMGY's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

American Metal & Technology  (OTCPK:AMGY) 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.

American Metal & Technology Debt-to-Equity Related Terms

American Metal & Technology Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for American Metal & Technology'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.

American Metal & Technology Debt-to-Equity Chart

American Metal & Technology Annual Data
Trend Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.87 -0.76 0.00 0.00 0.00

American Metal & Technology Quarterly Data
Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

American Metal & Technology Debt-to-Equity Competitor Comparison

For the Metal Fabrication subindustry, American Metal & Technology'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.

American Metal & Technology Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, American Metal & Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where American Metal & Technology's Debt-to-Equity falls into.


American Metal & Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

American Metal & Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2009 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) / 16.68
=0.00

American Metal & Technology's Debt to Equity Ratio for the quarter that ended in Sep. 2010 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) / 17.702
=0.00

* 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-Equity →
What does a Debt-to-Equity of 0.00 mean?
American Metal & Technology (AMGY) has a Debt-to-Equity of 0.00 as of Sep. 2010. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on American Metal & Technology and its competitors.
Is American Metal & Technology's Debt-to-Equity too high?
American Metal & Technology's current Debt-to-Equity is 0.00.
How does American Metal & Technology's Debt-to-Equity compare to competitors?
American Metal & Technology's Debt-to-Equity of 0.00 can be compared against companies in the Industrial Products industry. The industry median Debt-to-Equity is 0.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,682 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on American Metal & Technology and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Metal & Technology's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Metal & Technology stock overvalued right now?
American Metal & Technology (AMGY) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For American Metal & Technology (AMGY), the current Debt-to-Equity is 0.00 as of Sep. 2010. 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.

American Metal & Technology Business Description

Address No. 11 Shi Xing Street, Badachu Hi-Tech Zone, Shijingshan District, Beijing, CHN, 100041
American Metal & Technology Inc through its subsidiaries is engaged in precision casting, machining, mold design and manufacturing in the People's Republic of China. It manufacture investment casting and machined products, including valves, pipe fittings, dispensers, machinery spare parts, water treatment parts, automotive and airplane accessories, electronic circuit boards for home appliances and motion controllers, and other equipment parts.