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DMSI (Dermisonics) Debt-to-Equity : -0.63 (As of Jun. 2007)


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What is Dermisonics Debt-to-Equity?

Dermisonics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2007 was $0.43 Mil. Dermisonics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2007 was $2.22 Mil. Dermisonics's Total Stockholders Equity for the quarter that ended in Jun. 2007 was $-4.20 Mil. Dermisonics's debt to equity for the quarter that ended in Jun. 2007 was -0.63.

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

DMSI's Debt-to-Equity is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.22
* Ranked among companies with meaningful Debt-to-Equity only.

Dermisonics Debt-to-Equity Historical Data

The historical data trend for Dermisonics'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.

Dermisonics Debt-to-Equity Chart

Dermisonics Annual Data
Trend Sep03 Sep04 Sep05
Debt-to-Equity
- 0.15 0.24

Dermisonics Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07
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 0.23 0.20 0.21 -0.63 -0.63

Competitive Comparison of Dermisonics's Debt-to-Equity

For the Medical Devices subindustry, Dermisonics'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.


Dermisonics's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Dermisonics's Debt-to-Equity distribution charts can be found below:

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



Dermisonics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dermisonics's Debt to Equity Ratio for the fiscal year that ended in Sep. 2005 is calculated as

Dermisonics's Debt to Equity Ratio for the quarter that ended in Jun. 2007 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.


Dermisonics  (GREY:DMSI) 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.


Dermisonics Debt-to-Equity Related Terms

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


Dermisonics Business Description

Traded in Other Exchanges
N/A
Address
2360 Corporate Circle, Henderson, NV, USA, 89074
Website
Dermisonics Inc is involved in the medical technology business.

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