EXPL (Endurance Exploration Group) Debt-to-Equity: -7.09 (As of Sep. 2018)

What is Endurance Exploration Group Debt-to-Equity?

Endurance Exploration Group EXPL +1,328.57% Debt-to-Equity is -7.09 as of Sep. 2018.

Endurance Exploration Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.65 Mil. Endurance Exploration Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.00 Mil. Endurance Exploration Group's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $-0.09 Mil. Endurance Exploration Group's debt to equity for the quarter that ended in Sep. 2018 was -7.09.

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 Endurance Exploration Group's Debt-to-Equity or its related term are showing as below:

EXPL's Debt-to-Equity is not ranked ^*
in the Waste Management industry.
Industry Median: 0.62
* Ranked among companies with meaningful Debt-to-Equity only.

Endurance Exploration Group (OTCPK:EXPL) 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.

Endurance Exploration Group Debt-to-Equity Related Terms

Endurance Exploration Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Endurance Exploration Group'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.

Endurance Exploration Group Debt-to-Equity Chart

Endurance Exploration Group Annual Data

Trend

Jan08

Jan09

Jan10

Jan11

Jan12

Jan13

Dec14

Dec15

Dec16

Dec17

Debt-to-Equity

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0.00

-0.38

0.44

0.00

3.22

Endurance Exploration Group Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Debt-to-Equity	Get a 7-Day Free Trial															1.70	3.22	16.82	-10.51	-7.09

EXPL vs NESCQ, SENR, HDII: Debt-to-Equity Comparison

For the Waste Management subindustry, Endurance Exploration Group'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.

Endurance Exploration Group Debt-to-Equity vs Waste Management Industry

For the Waste Management industry and Industrials sector, Endurance Exploration Group's Debt-to-Equity distribution charts can be found below:

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

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Endurance Exploration Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Endurance Exploration Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.344	+	0)	/	0.107
	=	3.21

Endurance Exploration Group's Debt to Equity Ratio for the quarter that ended in Sep. 2018 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
	=	(0.645	+	0)	/	-0.091
	=	-7.09

Frequently Asked Questions Learn more about Debt-to-Equity →

What does a Debt-to-Equity of -7.09 mean?

Endurance Exploration Group (EXPL) has a Debt-to-Equity of -7.09 as of Sep. 2018. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Endurance Exploration Group and its competitors.

Is Endurance Exploration Group's Debt-to-Equity too high?

Endurance Exploration Group's current Debt-to-Equity is -7.09.

How does Endurance Exploration Group's Debt-to-Equity compare to NESCQ and SENR?

Endurance Exploration Group's Debt-to-Equity of -7.09 can be compared against companies in the Waste Management industry. The industry median Debt-to-Equity is 0.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Debt-to-Equity for a Waste Management company?

The median Debt-to-Equity among Waste Management companies is 0.62, based on 215 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Debt-to-Equity mean?

A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Endurance Exploration Group and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Endurance Exploration Group's current Debt-to-Equity is -7.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Endurance Exploration Group stock overvalued right now?

Endurance Exploration Group (EXPL) has a current Debt-to-Equity of -7.09. The current Debt-to-Equity is -7.09. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Debt-to-Equity calculated?

Debt-to-Equity is calculated from a company's financial statements. For Endurance Exploration Group (EXPL), the current Debt-to-Equity is -7.09 as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Endurance Exploration Group Business Description

Industry Industrials Waste Management

Comparable Companies NESCQ BOM:532911 TSXV:BLM XCNQ:LUX TSXV:ETK.H WAR:ATO BOM:526931 WAR:GRE XKRX:217910 BOM:539515 BOM:532001 BOM:533427 SENR NSE:FELIX XKLS:7163 HDII OCLN WAR:IVE TSXV:YES TSXV:CLI

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760

Website http://www.enduranceexplorations.com

Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.