EL (ASX:EIM) Debt-to-Equity: 315.00 (As of Dec. 2013)

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What is EL Debt-to-Equity?

EL ASX:EIM Debt-to-Equity is 315.00 as of Dec. 2013. The stock has 3 warning signs investors should review.

EL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was A$0.63 Mil. EL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was A$0.00 Mil. EL's Total Stockholders Equity for the quarter that ended in Dec. 2013 was A$0.00 Mil. EL's debt to equity for the quarter that ended in Dec. 2013 was 315.00.

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

ASX:EIM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: 315
ASX:EIM's Debt-to-Equity is not ranked
in the industry.
Industry Median: vs ASX:EIM: 315.00

EL  (ASX:EIM) 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.

EL Debt-to-Equity Related Terms

EL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for EL'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.

EL Debt-to-Equity Chart

EL 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 6.98 -0.75 -1.67 2.14 315.00

EL 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 -1.67 0.40 2.14 7.31 315.00

EL Debt-to-Equity Competitor Comparison

For the subindustry, EL'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.

EL Debt-to-Equity vs Industry

For the industry and sector, EL's Debt-to-Equity distribution charts can be found below:

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


EL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 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
=(0.63 + 0) / 0.002
=315.00

EL's Debt to Equity Ratio for the quarter that ended in Dec. 2013 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
=(0.63 + 0) / 0.002
=315.00

* 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 315.00 mean?
EL (ASX:EIM) has a Debt-to-Equity of 315.00 as of Dec. 2013. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on EL and its competitors.
Is EL's Debt-to-Equity too high?
EL's current Debt-to-Equity is 315.00.
How does EL's Debt-to-Equity compare to competitors?
EL's Debt-to-Equity is 315.00. 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 a company?
A good Debt-to-Equity depends on the industry context. 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 EL and its competitors. EL's current Debt-to-Equity is 315.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EL stock overvalued right now?
EL (ASX:EIM) has a current Debt-to-Equity of 315.00. The current Debt-to-Equity is 315.00. 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 EL (ASX:EIM), the current Debt-to-Equity is 315.00 as of Dec. 2013. 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.

EL Business Description

Industry
EL Corporation Limited was incorporated and domiciled in Australia. The Company's activities during the financial year were the import, design, sales, service and support of computer and communication systems and equipment; provision of information technology education, systems design; and integration and development of consultancy services. The activities were changed at the annual general meeting held on 31st May 2012, with shareholders' approval to include mining and exploration activities in connection with the intended acquisition of the Birthday Mine. The Company operates in Australia, New Zealand, and Taiwan.