Averox (Averox) Debt-to-Equity : 0.00 (As of Jun. 2009)

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What is Averox Debt-to-Equity?

Averox's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2009 was $0.00 Mil. Averox's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2009 was $0.00 Mil. Averox's Total Stockholders Equity for the quarter that ended in Jun. 2009 was $0.29 Mil. Averox's debt to equity for the quarter that ended in Jun. 2009 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 Averox's Debt-to-Equity or its related term are showing as below:

AVRI's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Averox Debt-to-Equity Historical Data

The historical data trend for Averox'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.

Averox Debt-to-Equity Chart

Averox Annual Data

Trend

Dec03

Dec04

Dec05

Jun07

Jun08

Debt-to-Equity

0.05

-0.06

Averox Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Debt-to-Equity	Get a 7-Day Free Trial															-0.06	-	-	-	-

Competitive Comparison of Averox's Debt-to-Equity

For the Software - Application subindustry, Averox'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.

Averox's Debt-to-Equity Distribution in the Software Industry

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

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

Averox Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Averox's Debt to Equity Ratio for the fiscal year that ended in Jun. 2008 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
	=	(0.007	+	0)	/	-0.112
	=	-0.06

Averox's Debt to Equity Ratio for the quarter that ended in Jun. 2009 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	+	0)	/	0.286
	=	0.00

Averox (OTCPK:AVRI) 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.

Averox Debt-to-Equity Related Terms

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

Averox (Averox) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Averox Inc (OTCPK:AVRI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

13784 Graber Avenue, Sylmar, CA, USA, 91342

Website

https://www.averox.com

Averox Inc started as a software company writing programs useful to small and large businesses. The current business plan is to merge with a private company, possibly a manufacturer of surgical instruments.

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