GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Changming Industrial Management Group Holding Inc (OTCPK:CMIM) » Definitions » Debt-to-Equity

Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) Debt-to-Equity : 0.00 (As of Jun. 2009)


View and export this data going back to 2006. Start your Free Trial

What is Changming Industrial Management Group Holding Debt-to-Equity?

Changming Industrial Management Group Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2009 was $0.00 Mil. Changming Industrial Management Group Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2009 was $0.00 Mil. Changming Industrial Management Group Holding's Total Stockholders Equity for the quarter that ended in Jun. 2009 was $-5.59 Mil. Changming Industrial Management Group Holding'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 Changming Industrial Management Group Holding's Debt-to-Equity or its related term are showing as below:

CMIM'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.

Changming Industrial Management Group Holding Debt-to-Equity Historical Data

The historical data trend for Changming Industrial Management Group Holding'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.

Changming Industrial Management Group Holding Debt-to-Equity Chart

Changming Industrial Management Group Holding Annual Data
Trend May07 May08
Debt-to-Equity
- -0.83

Changming Industrial Management Group Holding Quarterly Data
Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Sep08 Dec08 Mar09 Jun09
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.83 - -0.18 -0.16 -

Competitive Comparison of Changming Industrial Management Group Holding's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Changming Industrial Management Group Holding'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.


Changming Industrial Management Group Holding's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Changming Industrial Management Group Holding's Debt-to-Equity falls into.



Changming Industrial Management Group Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Changming Industrial Management Group Holding's Debt to Equity Ratio for the fiscal year that ended in May. 2008 is calculated as

Changming Industrial Management Group Holding's Debt to Equity Ratio for the quarter that ended in Jun. 2009 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.


Changming Industrial Management Group Holding  (OTCPK:CMIM) 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.


Changming Industrial Management Group Holding Debt-to-Equity Related Terms

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


Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) Business Description

Traded in Other Exchanges
N/A
Address
Room 904, Tung Wai Commercial Building, Wan Chai, Hong Kong, HKG
Changming Industrial Management Group Holding Inc is engaged in the processing and sales of mineral products as well as vanadium mining. Its product series include Product Series Vanadium ore, crystal, pentoxide, alloy, iron, and titanium alloy.

Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) Headlines

No Headlines