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Trafford Resources (ASX:TRF) Debt-to-Equity : 0.00 (As of Dec. 2014)


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What is Trafford Resources Debt-to-Equity?

Trafford Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was A$0.00 Mil. Trafford Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was A$0.00 Mil. Trafford Resources's Total Stockholders Equity for the quarter that ended in Dec. 2014 was A$3.24 Mil. Trafford Resources's debt to equity for the quarter that ended in Dec. 2014 was 0.00.

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

ASX:TRF'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.

Trafford Resources Debt-to-Equity Historical Data

The historical data trend for Trafford Resources'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.

Trafford Resources Debt-to-Equity Chart

Trafford Resources Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Debt-to-Equity
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Trafford Resources Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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Competitive Comparison of Trafford Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Trafford Resources'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.


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

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

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



Trafford Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trafford Resources's Debt to Equity Ratio for the fiscal year that ended in Jun. 2014 is calculated as

Trafford Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2014 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.


Trafford Resources  (ASX:TRF) 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.


Trafford Resources Debt-to-Equity Related Terms

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Trafford Resources (ASX:TRF) Business Description

Traded in Other Exchanges
N/A
Address
Trafford Resources Limited is a mineral exploration company with projects in South and Western Australia. Company also has a 0.5053 interest in IronClad Mining Ltd (IronClad).

Trafford Resources (ASX:TRF) Headlines

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