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Magna Mining NL (ASX:MANCA) Debt-to-Equity : 2.55 (As of Jun. 2011)


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What is Magna Mining NL Debt-to-Equity?

Magna Mining NL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2011 was A$0.40 Mil. Magna Mining NL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2011 was A$0.00 Mil. Magna Mining NL's Total Stockholders Equity for the quarter that ended in Jun. 2011 was A$0.16 Mil. Magna Mining NL's debt to equity for the quarter that ended in Jun. 2011 was 2.55.

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

ASX:MANCA'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.

Magna Mining NL Debt-to-Equity Historical Data

The historical data trend for Magna Mining 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.

* Premium members only.

Magna Mining NL Debt-to-Equity Chart

Magna Mining NL Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.05 8.16 2.55

Magna Mining NL Semi-Annual Data
Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11
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 - 0.01 0.05 8.16 2.55

Competitive Comparison of Magna Mining NL's Debt-to-Equity

For the Copper subindustry, Magna Mining 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.


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

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

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



Magna Mining NL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Magna Mining NL's Debt to Equity Ratio for the fiscal year that ended in Jun. 2011 is calculated as

Magna Mining NL's Debt to Equity Ratio for the quarter that ended in Jun. 2011 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.


Magna Mining NL  (ASX:MANCA) 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.


Magna Mining NL Debt-to-Equity Related Terms

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Magna Mining NL (ASX:MANCA) Business Description

Traded in Other Exchanges
N/A
Address
Magna Mining NL is a mineral exploration company with projects in Namibia and Russia. The company is exploring for industrial minerals, precious metals, base and rare metals, precious and semi-precious stones, targeting both nationally and internationally.

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