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Northern Sun Mining (FRA:LM8A) Debt-to-Equity : -0.88 (As of Dec. 2015)


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What is Northern Sun Mining Debt-to-Equity?

Northern Sun Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was €107.17 Mil. Northern Sun Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was €0.02 Mil. Northern Sun Mining's Total Stockholders Equity for the quarter that ended in Dec. 2015 was €-122.56 Mil. Northern Sun Mining's debt to equity for the quarter that ended in Dec. 2015 was -0.87.

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 Northern Sun Mining's Debt-to-Equity or its related term are showing as below:

FRA:LM8A'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.

Northern Sun Mining Debt-to-Equity Historical Data

The historical data trend for Northern Sun Mining'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.

Northern Sun Mining Debt-to-Equity Chart

Northern Sun Mining Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.94 -1.35 -1.23 -1.14 -0.88

Northern Sun Mining Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 -1.14 -1.12 -1.10 -1.09 -0.88

Competitive Comparison of Northern Sun Mining's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Northern Sun Mining'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.


Northern Sun Mining's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Northern Sun Mining's Debt-to-Equity falls into.



Northern Sun Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Northern Sun Mining's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Northern Sun Mining's Debt to Equity Ratio for the quarter that ended in Dec. 2015 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.


Northern Sun Mining  (FRA:LM8A) 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.


Northern Sun Mining Debt-to-Equity Related Terms

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


Northern Sun Mining (FRA:LM8A) Business Description

Traded in Other Exchanges
N/A
Address
Liberty Mines Inc., is engaged in exploration, development and production of nickel and related base metals from its properties in Ontario, Canada. The Company is also involved in the exploration for and development of mineral resources.

Northern Sun Mining (FRA:LM8A) Headlines

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