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Coventry Resources Limited (ASX:CVY) Debt-to-Equity : 0.00 (As of . 20)


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What is Coventry Resources Limited Debt-to-Equity?

Coventry Resources Limited's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was A$0.00 Mil. Coventry Resources Limited's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was A$0.00 Mil. Coventry Resources Limited's Total Stockholders Equity for the quarter that ended in . 20 was A$0.00 Mil.

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 Coventry Resources Limited's Debt-to-Equity or its related term are showing as below:

ASX:CVY's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Coventry Resources Limited Debt-to-Equity Historical Data

The historical data trend for Coventry Resources Limited'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.

Coventry Resources Limited Debt-to-Equity Chart

Coventry Resources Limited Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Debt-to-Equity
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Coventry Resources Limited Quarterly Data
Debt-to-Equity

Competitive Comparison of Coventry Resources Limited's Debt-to-Equity

For the Gold subindustry, Coventry Resources Limited'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.


Coventry Resources Limited's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Coventry Resources Limited's Debt-to-Equity falls into.



Coventry Resources Limited Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coventry Resources Limited's Debt to Equity Ratio for the fiscal year that ended in Jun. 2012 is calculated as

Coventry Resources Limited's Debt to Equity Ratio for the quarter that ended in . 20 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.


Coventry Resources Limited  (ASX:CVY) 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.


Coventry Resources Limited Debt-to-Equity Related Terms

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Coventry Resources Limited (ASX:CVY) Business Description

Traded in Other Exchanges
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Address
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Coventry Resources Limited (ASX:CVY) Headlines

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