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Ecometals (Ecometals) Debt-to-Equity : 0.21 (As of Dec. 2012)


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What is Ecometals Debt-to-Equity?

Ecometals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2012 was $0.79 Mil. Ecometals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2012 was $0.29 Mil. Ecometals's Total Stockholders Equity for the quarter that ended in Dec. 2012 was $5.23 Mil. Ecometals's debt to equity for the quarter that ended in Dec. 2012 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 Ecometals's Debt-to-Equity or its related term are showing as below:

ECMLF'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.

Ecometals Debt-to-Equity Historical Data

The historical data trend for Ecometals'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.

Ecometals Debt-to-Equity Chart

Ecometals Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.05 0.02 0.04 0.08

Ecometals Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.05 0.08 0.07 0.19 0.21

Competitive Comparison of Ecometals's Debt-to-Equity

For the Gold subindustry, Ecometals'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.


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

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

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



Ecometals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ecometals's Debt to Equity Ratio for the fiscal year that ended in Mar. 2012 is calculated as

Ecometals's Debt to Equity Ratio for the quarter that ended in Dec. 2012 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.


Ecometals  (OTCPK:ECMLF) 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.


Ecometals Debt-to-Equity Related Terms

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


Ecometals (Ecometals) Business Description

Traded in Other Exchanges
N/A
Address
1090 West Georgia Street, Suit 1305, Vancouver, BC, CAN, V6E 3V7
Ecometals Ltd is a mineral exploration company which focuses on South America. Its exploration portfolio includes gold projects in Ecuador and Brazil, and manganese gold and iron ore projects in Brazil.

Ecometals (Ecometals) Headlines

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