Ecosphere Technologies (Ecosphere Technologies) Debt-to-Equity : -0.47 (As of Sep. 2017)

View and export this data going back to 2006. Start your Free Trial

What is Ecosphere Technologies Debt-to-Equity?

Ecosphere Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $8.34 Mil. Ecosphere Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.90 Mil. Ecosphere Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2017 was $-19.60 Mil. Ecosphere Technologies's debt to equity for the quarter that ended in Sep. 2017 was -0.47.

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

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

Ecosphere Technologies Debt-to-Equity Historical Data

The historical data trend for Ecosphere Technologies'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.

Ecosphere Technologies Debt-to-Equity Chart

Ecosphere Technologies Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Debt-to-Equity

Get a 7-Day Free Trial

-0.21

0.08

0.33

-0.49

-0.53

Ecosphere Technologies Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Debt-to-Equity	Get a 7-Day Free Trial															-0.53	-0.53	-0.53	-0.51	-0.47

Competitive Comparison of Ecosphere Technologies's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Ecosphere Technologies'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.

Ecosphere Technologies's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ecosphere Technologies's Debt-to-Equity distribution charts can be found below:

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

Ecosphere Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ecosphere Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 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
	=	(7.62	+	0.81)	/	-15.949
	=	-0.53

Ecosphere Technologies's Debt to Equity Ratio for the quarter that ended in Sep. 2017 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
	=	(8.342	+	0.897)	/	-19.599
	=	-0.47

Ecosphere Technologies (OTCPK:ESPHQ) 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.

Ecosphere Technologies Debt-to-Equity Related Terms

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

Ecosphere Technologies (Ecosphere Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ecosphere Technologies Inc (OTCPK:ESPHQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3515 South East Lionel Terrace, Stuart, FL, USA, 34997

Website

http://www.ecospheretech.com

Ecosphere Technologies Inc is a property licensing company. It develops environmental solutions for global water, energy, industrial and agricultural markets. It increases production, reduces costs, and protect the environment through a portfolio of unique, patented technologies. Its patented technologies include technologies like Ozonix, the Ecos PowerCube and the Ecos GrowCube. Ecosphere's technologies and products are available through multiple brands and subsidiaries. Ecosphere is a single segmented company.

Executives

John P Brewster	director, officer: CEO/President/Chairman	6106 TEZCUCO COURT, GONZALES LA 70737
Adrian Graham Goldfarb	officer: Chief Financial Officer	7660 CENTURION PARKWAY, SUITE 100, JACKSONVILLE FL 32256
Joe M Allbaugh	director	PO BOX 684784, AUSTIN TX 78768-4784
William Arthur Owens	director	C/O CENTURYLINK, INC., 100 CENTURYLINK DRIVE, MONROE LA 71203

Ecosphere Technologies (Ecosphere Technologies) Headlines

No Headlines