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ETCIA (Electronic Tele-Communications) Debt-to-Equity : -1.02 (As of Jun. 2007)


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What is Electronic Tele-Communications Debt-to-Equity?

Electronic Tele-Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2007 was $0.40 Mil. Electronic Tele-Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2007 was $0.00 Mil. Electronic Tele-Communications's Total Stockholders Equity for the quarter that ended in Jun. 2007 was $-0.39 Mil. Electronic Tele-Communications's debt to equity for the quarter that ended in Jun. 2007 was -1.02.

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 Electronic Tele-Communications's Debt-to-Equity or its related term are showing as below:

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

Electronic Tele-Communications Debt-to-Equity Historical Data

The historical data trend for Electronic Tele-Communications'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.

Electronic Tele-Communications Debt-to-Equity Chart

Electronic Tele-Communications Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.05 - 1.11 -2.12

Electronic Tele-Communications Quarterly Data
Sep02 Dec02 Mar03 Jun03 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.28 -3.09 -2.12 -1.88 -1.02

Competitive Comparison of Electronic Tele-Communications's Debt-to-Equity

For the Communication Equipment subindustry, Electronic Tele-Communications'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.


Electronic Tele-Communications's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Electronic Tele-Communications's Debt-to-Equity distribution charts can be found below:

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



Electronic Tele-Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Electronic Tele-Communications's Debt to Equity Ratio for the fiscal year that ended in Dec. 2006 is calculated as

Electronic Tele-Communications'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.


Electronic Tele-Communications  (OTCPK:ETCIA) 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.


Electronic Tele-Communications Debt-to-Equity Related Terms

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


Electronic Tele-Communications Business Description

Traded in Other Exchanges
N/A
Address
1915 MacArthur Road, Waukesha, WI, USA, 53188
Electronic Tele-Communications Inc is a service provider in a converging network. The converging network refers to the methods of transmitting voice through traditional circuit switching and newer methods, such as packet-switching. Its customers include ILECs (incumbent local exchange carriers), RBOCs (Regional Bell Operating Companies), CLECs (competitive local exchange carriers), wireless providers, long-distance companies, cable companies, and utilities.
Executives
Goodkind Conrad G director 411 EAST WISCOSIN AVE, MILWAUKEE WI 53202

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