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Alliance Recovery (Alliance Recovery) Debt-to-Equity : -0.17 (As of Sep. 2008)


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What is Alliance Recovery Debt-to-Equity?

Alliance Recovery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.29 Mil. Alliance Recovery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.05 Mil. Alliance Recovery's Total Stockholders Equity for the quarter that ended in Sep. 2008 was $-2.00 Mil. Alliance Recovery's debt to equity for the quarter that ended in Sep. 2008 was -0.17.

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 Alliance Recovery's Debt-to-Equity or its related term are showing as below:

ARVY's Debt-to-Equity is not ranked *
in the Conglomerates industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

Alliance Recovery Debt-to-Equity Historical Data

The historical data trend for Alliance Recovery'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.

Alliance Recovery Debt-to-Equity Chart

Alliance Recovery Annual Data
Trend Dec04 Dec05 Dec06 Dec07
Debt-to-Equity
- -0.07 -0.11 -0.22

Alliance Recovery Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 -0.21 -0.22 -0.21 -0.18 -0.17

Competitive Comparison of Alliance Recovery's Debt-to-Equity

For the Conglomerates subindustry, Alliance Recovery'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.


Alliance Recovery's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alliance Recovery's Debt-to-Equity distribution charts can be found below:

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



Alliance Recovery Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alliance Recovery's Debt to Equity Ratio for the fiscal year that ended in Dec. 2007 is calculated as

Alliance Recovery's Debt to Equity Ratio for the quarter that ended in Sep. 2008 is calculated as

* 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.


Alliance Recovery  (OTCPK:ARVY) 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.


Alliance Recovery Debt-to-Equity Related Terms

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


Alliance Recovery (Alliance Recovery) Business Description

Traded in Other Exchanges
N/A
Address
No. 70, Kuangquan Street, Batong Town, Santai County, Mianyang, CHN, 621101
Alliance Recovery Corp is engaged in selling health and nutrition functional health food, beauty and personal care products, liquor, ecological agriculture, and animal husbandry products.

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