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Ecoloclean Industries (Ecoloclean Industries) Debt-to-Equity : -0.21 (As of Jun. 2006)


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What is Ecoloclean Industries Debt-to-Equity?

Ecoloclean Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2006 was $0.42 Mil. Ecoloclean Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2006 was $0.01 Mil. Ecoloclean Industries's Total Stockholders Equity for the quarter that ended in Jun. 2006 was $-2.02 Mil. Ecoloclean Industries's debt to equity for the quarter that ended in Jun. 2006 was -0.21.

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

ECCI's Debt-to-Equity is not ranked *
in the Waste Management industry.
Industry Median: 0.74
* Ranked among companies with meaningful Debt-to-Equity only.

Ecoloclean Industries Debt-to-Equity Historical Data

The historical data trend for Ecoloclean Industries'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.

Ecoloclean Industries Debt-to-Equity Chart

Ecoloclean Industries Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05
Debt-to-Equity
0.04 -0.28 -0.04 -1.04 -0.81

Ecoloclean Industries Quarterly Data
Dec01 Sep02 Dec02 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 -0.12 -0.16 -0.81 -1.03 -0.21

Competitive Comparison of Ecoloclean Industries's Debt-to-Equity

For the Waste Management subindustry, Ecoloclean Industries'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.


Ecoloclean Industries's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Ecoloclean Industries's Debt-to-Equity distribution charts can be found below:

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



Ecoloclean Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ecoloclean Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2005 is calculated as

Ecoloclean Industries's Debt to Equity Ratio for the quarter that ended in Jun. 2006 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.


Ecoloclean Industries  (OTCPK:ECCI) 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.


Ecoloclean Industries Debt-to-Equity Related Terms

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


Ecoloclean Industries (Ecoloclean Industries) Business Description

Traded in Other Exchanges
N/A
Address
2242 South Highway #83, Crystal City, TX, USA, 78839
Ecoloclean Industries Inc is a manufacturer of water remediation products, used in industrial and municipal treatment plants and similar operations.
Executives
Michael R Ward director, 10 percent owner, officer: Secretary & Treasurer 13707 BLUFF GATE SAN ANTONIO TX 78216

Ecoloclean Industries (Ecoloclean Industries) Headlines

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