EXLA Resources (EXLA Resources) Debt-to-Equity : 0.00 (As of Sep. 2013)

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What is EXLA Resources Debt-to-Equity?

EXLA Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.00 Mil. EXLA Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.00 Mil. EXLA Resources's Total Stockholders Equity for the quarter that ended in Sep. 2013 was $-0.16 Mil. EXLA Resources's debt to equity for the quarter that ended in Sep. 2013 was 0.00.

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 EXLA Resources's Debt-to-Equity or its related term are showing as below:

EXLA's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

EXLA Resources Debt-to-Equity Historical Data

The historical data trend for EXLA Resources'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.

EXLA Resources Debt-to-Equity Chart

EXLA Resources Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Debt-to-Equity

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EXLA Resources Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of EXLA Resources's Debt-to-Equity

For the Oil & Gas Drilling subindustry, EXLA Resources'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.

EXLA Resources's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EXLA Resources's Debt-to-Equity distribution charts can be found below:

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

EXLA Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EXLA Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2012 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
	=	(0	+	0)	/	-0.132
	=	0.00

EXLA Resources's Debt to Equity Ratio for the quarter that ended in Sep. 2013 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
	=	(0	+	0)	/	-0.16
	=	0.00

EXLA Resources (OTCPK:EXLA) 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.

EXLA Resources Debt-to-Equity Related Terms

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EXLA Resources (EXLA Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EXLA Resources Inc (OTCPK:EXLA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3609 Hammerkop Drive, N Las Vegas, Las Vegas, NV, USA, 89084

Website

https://www.exlaresources.com

EXLA Resources Inc is in the business of acquiring mining leases with intent to build operations to either mine or to prove up reserves to sell the leases to other mining companies. It is currently looking for acquisitions that have projects under contract to leap frog its operations and holdings.

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