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Global Cobalt (FRA:3P0) Debt-to-Equity : -4.09 (As of Jan. 2016)


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What is Global Cobalt Debt-to-Equity?

Global Cobalt's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2016 was €3.62 Mil. Global Cobalt's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2016 was €0.00 Mil. Global Cobalt's Total Stockholders Equity for the quarter that ended in Jan. 2016 was €-0.89 Mil. Global Cobalt's debt to equity for the quarter that ended in Jan. 2016 was -4.09.

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 Global Cobalt's Debt-to-Equity or its related term are showing as below:

FRA:3P0'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.

Global Cobalt Debt-to-Equity Historical Data

The historical data trend for Global Cobalt'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.

Global Cobalt Debt-to-Equity Chart

Global Cobalt Annual Data
Trend Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only - 0.11 1.87 1.12 7.64

Global Cobalt Quarterly Data
Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16
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 3.01 7.64 8.43 19.21 -4.09

Competitive Comparison of Global Cobalt's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Global Cobalt'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.


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

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

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



Global Cobalt Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global Cobalt's Debt to Equity Ratio for the fiscal year that ended in Apr. 2015 is calculated as

Global Cobalt's Debt to Equity Ratio for the quarter that ended in Jan. 2016 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.


Global Cobalt  (FRA:3P0) 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.


Global Cobalt Debt-to-Equity Related Terms

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


Global Cobalt (FRA:3P0) Business Description

Traded in Other Exchanges
N/A
Address
128 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6B 1R8
Global Cobalt Corp is an exploration stage company. Its projects are Altai Sister Properties, and The Iron Creek Cobalt-Copper Project.

Global Cobalt (FRA:3P0) Headlines

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