Avidus Management Group (Avidus Management Group) Debt-to-Equity : -0.28 (As of Sep. 2015)

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What is Avidus Management Group Debt-to-Equity?

Avidus Management Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $1.13 Mil. Avidus Management Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. Avidus Management Group's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $-4.02 Mil. Avidus Management Group's debt to equity for the quarter that ended in Sep. 2015 was -0.28.

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 Avidus Management Group's Debt-to-Equity or its related term are showing as below:

ASNHF's Debt-to-Equity is not ranked ^*
in the Biotechnology industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Avidus Management Group Debt-to-Equity Historical Data

The historical data trend for Avidus Management Group'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.

Avidus Management Group Debt-to-Equity Chart

Avidus Management Group Annual Data

Trend

Oct08

Oct09

Oct10

Dec11

Dec12

Dec13

Dec14

Debt-to-Equity

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-0.05

-0.13

-0.45

-0.30

Avidus Management Group Quarterly Data
	Oct10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Debt-to-Equity	Get a 7-Day Free Trial															-0.49	-0.30	-0.16	-0.29	-0.28

Competitive Comparison of Avidus Management Group's Debt-to-Equity

For the Biotechnology subindustry, Avidus Management Group'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.

Avidus Management Group's Debt-to-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Avidus Management Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Avidus Management Group's Debt-to-Equity falls into.

Avidus Management Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avidus Management Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 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
	=	(1.526	+	0)	/	-5.083
	=	-0.30

Avidus Management Group's Debt to Equity Ratio for the quarter that ended in Sep. 2015 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
	=	(1.126	+	0)	/	-4.016
	=	-0.28

Avidus Management Group (OTCPK:ASNHF) 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.

Avidus Management Group Debt-to-Equity Related Terms

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Avidus Management Group (Avidus Management Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Avidus Management Group Inc (OTCPK:ASNHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10153 East Hampton Avenue, Suite 101, Mesa, AZ, USA, 85209

Website

http://www.asantae.com

Avidus Management Group Inc is a Canada based marketer and distributor of nutraceutical products. It is principally engaged in the sales of nutraceuticals and health aids to retail vendors and to individuals or businesses. The company sells its products in the United States and Canada, of which majority of the revenue is generated from the United States.

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