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CMNR (Commerce Energy Group) Debt-to-Equity : N/A (As of Apr. 2009)


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What is Commerce Energy Group Debt-to-Equity?

Commerce Energy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2009 was $0.0 Mil. Commerce Energy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2009 was $0.0 Mil. Commerce Energy Group's Total Stockholders Equity for the quarter that ended in Apr. 2009 was $0.0 Mil.

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 Commerce Energy Group's Debt-to-Equity or its related term are showing as below:

CMNR's Debt-to-Equity is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.845
* Ranked among companies with meaningful Debt-to-Equity only.

Commerce Energy Group Debt-to-Equity Historical Data

The historical data trend for Commerce Energy Group'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.

Commerce Energy Group Debt-to-Equity Chart

Commerce Energy Group Annual Data
Trend Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only - - - - 0.30

Commerce Energy Group Quarterly Data
Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09
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 - 0.30 N/A N/A N/A

Competitive Comparison of Commerce Energy Group's Debt-to-Equity

For the Utilities - Diversified subindustry, Commerce Energy Group'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.


Commerce Energy Group's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Commerce Energy Group's Debt-to-Equity distribution charts can be found below:

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



Commerce Energy Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Commerce Energy Group's Debt to Equity Ratio for the fiscal year that ended in Jul. 2008 is calculated as

Commerce Energy Group's Debt to Equity Ratio for the quarter that ended in Apr. 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.


Commerce Energy Group  (OTCPK:CMNR) 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.


Commerce Energy Group Debt-to-Equity Related Terms

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


Commerce Energy Group Business Description

Traded in Other Exchanges
N/A
Address
600 Anton Boulevard, Suite 2000, Costa Mesa, CA, USA, 92626
Commerce Energy Group Inc provides electricity and natural gas supply to residential and commercial customers across North America.
Executives
C Douglas Mitchell officer: Chief Financial Officer 600 WILSHIRE BOULEVARD, SUITE 1500, LOS ANGELES CA 90017
Spectrum Galaxy Fund Ltd. 10 percent owner 50 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO CA 94111
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Zeff Capital Partners I, L.p. 10 percent owner C/O ZEFF HOLDING COMPANY, LLC, 50 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020

Commerce Energy Group Headlines

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