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Atlantic Gold NL (ASX:ATVCD) Debt-to-Equity : 0.03 (As of Dec. 2013)


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What is Atlantic Gold NL Debt-to-Equity?

Atlantic Gold NL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was A$1.00 Mil. Atlantic Gold NL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was A$0.00 Mil. Atlantic Gold NL's Total Stockholders Equity for the quarter that ended in Dec. 2013 was A$29.01 Mil. Atlantic Gold NL's debt to equity for the quarter that ended in Dec. 2013 was 0.03.

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 Atlantic Gold NL's Debt-to-Equity or its related term are showing as below:

ASX:ATVCD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: 0.03

ASX:ATVCD's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs ASX:ATVCD: 0.03

Atlantic Gold NL Debt-to-Equity Historical Data

The historical data trend for Atlantic Gold NL'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.

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Atlantic Gold NL Debt-to-Equity Chart

Atlantic Gold NL Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.04 0.03

Atlantic Gold NL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 - - 0.04 0.04 0.03

Competitive Comparison of Atlantic Gold NL's Debt-to-Equity

For the Gold subindustry, Atlantic Gold NL'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.


Atlantic Gold NL's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Atlantic Gold NL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Atlantic Gold NL's Debt-to-Equity falls into.



Atlantic Gold NL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlantic Gold NL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Atlantic Gold NL's Debt to Equity Ratio for the quarter that ended in Dec. 2013 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.


Atlantic Gold NL  (ASX:ATVCD) 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.


Atlantic Gold NL Debt-to-Equity Related Terms

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


Atlantic Gold NL (ASX:ATVCD) Business Description

Traded in Other Exchanges
N/A
Address
Atlantic Gold NL (ATV, former Diamond Ventures NL) is primarily involved in the exploration of gold and diamonds in Australia and Canada. Current focus is on the development of the Touquoy project in Canada.

Atlantic Gold NL (ASX:ATVCD) Headlines

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