GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avocet Mining PLC (OTCPK:AVVGY) » Definitions » Debt-to-Equity

Avocet Mining (Avocet Mining) Debt-to-Equity : 0.00 (As of Jun. 2018)


View and export this data going back to 2013. Start your Free Trial

What is Avocet Mining Debt-to-Equity?

Avocet Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $0.00 Mil. Avocet Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $0.00 Mil. Avocet Mining's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $-30.03 Mil. Avocet Mining's debt to equity for the quarter that ended in Jun. 2018 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 Avocet Mining's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Avocet Mining was 5.82. The lowest was -3.34. And the median was 0.08.

AVVGY'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.

Avocet Mining Debt-to-Equity Historical Data

The historical data trend for Avocet Mining'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.

Avocet Mining Debt-to-Equity Chart

Avocet Mining Annual Data
Trend Mar08 Mar09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 5.82 -2.02 -1.85 -

Avocet Mining Semi-Annual Data
Mar08 Sep08 Mar09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 -1.86 -1.85 -1.38 - -

Competitive Comparison of Avocet Mining's Debt-to-Equity

For the Gold subindustry, Avocet Mining'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.


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

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

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



Avocet Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avocet Mining's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Avocet Mining's Debt to Equity Ratio for the quarter that ended in Jun. 2018 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.


Avocet Mining  (OTCPK:AVVGY) 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.


Avocet Mining Debt-to-Equity Related Terms

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


Avocet Mining (Avocet Mining) Business Description

Traded in Other Exchanges
N/A
Address
15 Old Bailey, 5th Floor, London, GBR, EC4M 7EF
Avocet Mining PLC is a West African gold mining and exploration company. It focuses on the evaluation and development of gold and other mineral resources.

Avocet Mining (Avocet Mining) Headlines

No Headlines