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Inova Resources (FRA:I4O) Debt-to-Equity : 0.00 (As of Jun. 2013)


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What is Inova Resources Debt-to-Equity?

Inova Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was €0.0 Mil. Inova Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was €0.0 Mil. Inova Resources's Total Stockholders Equity for the quarter that ended in Jun. 2013 was €98.2 Mil. Inova Resources's debt to equity for the quarter that ended in Jun. 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 Inova Resources's Debt-to-Equity or its related term are showing as below:

FRA:I4O'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.

Inova Resources Debt-to-Equity Historical Data

The historical data trend for Inova 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.

Inova Resources Debt-to-Equity Chart

Inova Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-Equity
1.59 -7.25 0.16 - -

Inova Resources Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 - - - -

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

For the Other Industrial Metals & Mining subindustry, Inova 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.


Inova Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Inova Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inova Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Inova Resources's Debt to Equity Ratio for the quarter that ended in Jun. 2013 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.


Inova Resources  (FRA:I4O) 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.


Inova Resources Debt-to-Equity Related Terms

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


Inova Resources (FRA:I4O) Business Description

Traded in Other Exchanges
N/A
Address
Inova Resources Ltd, formerly Ivanhoe Australia Limited is incorporated in Australia. It is a mining and exploration company, operates in the Cloncurry region in north-western Queensland. The Company operates in various segments namely Copper/Gold, Molybdenum / Rhenium, Exploration and Administration.

Inova Resources (FRA:I4O) Headlines

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