CTGX Mining (CTGX Mining) Debt-to-Equity : 0.15 (As of Jan. 2005)

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What is CTGX Mining Debt-to-Equity?

CTGX Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2005 was $0.41 Mil. CTGX Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2005 was $0.00 Mil. CTGX Mining's Total Stockholders Equity for the quarter that ended in Jan. 2005 was $2.78 Mil. CTGX Mining's debt to equity for the quarter that ended in Jan. 2005 was 0.15.

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

CHCX'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.

CTGX Mining Debt-to-Equity Historical Data

The historical data trend for CTGX 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.

CTGX Mining Debt-to-Equity Chart

CTGX Mining Annual Data

Trend

Mar03

Debt-to-Equity

-0.54

CTGX Mining Quarterly Data
	Jun03	Sep03	Dec03	Mar04	Jul04	Oct04	Jan05
Debt-to-Equity	Get a 7-Day Free Trial			-0.53	-0.73	-	0.01	0.15

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

For the Other Industrial Metals & Mining subindustry, CTGX 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.

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

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

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

CTGX Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CTGX Mining's Debt to Equity Ratio for the fiscal year that ended in Mar. 2003 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
	=	(0.816	+	0.364)	/	-2.183
	=	-0.54

CTGX Mining's Debt to Equity Ratio for the quarter that ended in Jan. 2005 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
	=	(0.405	+	0)	/	2.775
	=	0.15

CTGX Mining (OTCPK:CHCX) 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.

CTGX Mining Debt-to-Equity Related Terms

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CTGX Mining (CTGX Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CTGX Mining Inc (OTCPK:CHCX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034

Website

http://www.ctgxmining.com

CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.

Executives

Matthew Cohen

director, officer: CEO and Chairman of the Board

1702 COSTA DEL SOL, BOCA RATON FL 33432

CTGX Mining (CTGX Mining) Headlines

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