Colossus Minerals (Colossus Minerals) Debt-to-Equity : -0.11 (As of Dec. 2013)

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What is Colossus Minerals Debt-to-Equity?

Colossus Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was $2.67 Mil. Colossus Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was $9.81 Mil. Colossus Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2013 was $-113.72 Mil. Colossus Minerals's debt to equity for the quarter that ended in Dec. 2013 was -0.11.

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 Colossus Minerals's Debt-to-Equity or its related term are showing as below:

COLUF'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.

Colossus Minerals Debt-to-Equity Historical Data

The historical data trend for Colossus Minerals'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.

Colossus Minerals Debt-to-Equity Chart

Colossus Minerals Annual Data

Trend

Jul07

Jul08

Jul09

Jul10

Dec11

Dec12

Dec13

Debt-to-Equity

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0.54

0.62

-0.11

Colossus Minerals Quarterly Data
	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Debt-to-Equity	Get a 7-Day Free Trial															0.62	0.55	0.44	0.26	-0.11

Competitive Comparison of Colossus Minerals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Colossus Minerals'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.

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

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

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

Colossus Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Colossus Minerals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 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
	=	(2.671	+	9.806)	/	-113.715
	=	-0.11

Colossus Minerals's Debt to Equity Ratio for the quarter that ended in Dec. 2013 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
	=	(2.671	+	9.806)	/	-113.715
	=	-0.11

Colossus Minerals (OTCPK:COLUF) 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.

Colossus Minerals Debt-to-Equity Related Terms

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

Colossus Minerals (Colossus Minerals) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9

Website

http://www.colossusminerals.ca

Colossus Minerals Inc is a Canada-based exploration stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company's project includes Serra Pelada which is situated in the mineral prolific Carajas region near the towns of Curionopolis and Parauapebas, Para state, northern Brazil.

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