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East Coast Diversified (East Coast Diversified) Debt-to-Equity : -0.39 (As of Sep. 2015)


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What is East Coast Diversified Debt-to-Equity?

East Coast Diversified's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $2.20 Mil. East Coast Diversified's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. East Coast Diversified's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $-5.66 Mil. East Coast Diversified's debt to equity for the quarter that ended in Sep. 2015 was -0.39.

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 East Coast Diversified's Debt-to-Equity or its related term are showing as below:

ECDC's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

East Coast Diversified Debt-to-Equity Historical Data

The historical data trend for East Coast Diversified'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.

East Coast Diversified Debt-to-Equity Chart

East Coast Diversified Annual Data
Trend Apr05 Apr06 Apr07 Apr08 Apr09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 -0.28 -0.11 -0.29 -0.36

East Coast Diversified Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -0.33 -0.36 -0.37 -0.37 -0.39

Competitive Comparison of East Coast Diversified's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, East Coast Diversified'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.


East Coast Diversified's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, East Coast Diversified's Debt-to-Equity distribution charts can be found below:

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



East Coast Diversified Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

East Coast Diversified's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 is calculated as

East Coast Diversified's Debt to Equity Ratio for the quarter that ended in Sep. 2015 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.


East Coast Diversified  (GREY:ECDC) 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.


East Coast Diversified Debt-to-Equity Related Terms

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


East Coast Diversified (East Coast Diversified) Business Description

Traded in Other Exchanges
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Address
East Coast Diversified Corp, through its subsidiaries, offers a portfolio of GPS devices, RFID interrogators, integrated GPS/RFID technologies and Tag designs.

East Coast Diversified (East Coast Diversified) Headlines

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