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African Minerals (FRA:OUV) Debt-to-Equity : 0.93 (As of Jun. 2014)


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What is African Minerals Debt-to-Equity?

African Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was €213.9 Mil. African Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was €368.0 Mil. African Minerals's Total Stockholders Equity for the quarter that ended in Jun. 2014 was €626.4 Mil. African Minerals's debt to equity for the quarter that ended in Jun. 2014 was 0.93.

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 African Minerals's Debt-to-Equity or its related term are showing as below:

FRA:OUV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57   Med: 0.64   Max: 0.99
Current: 0.99

During the past 12 years, the highest Debt-to-Equity Ratio of African Minerals was 0.99. The lowest was 0.57. And the median was 0.64.

FRA:OUV's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs FRA:OUV: 0.99

African Minerals Debt-to-Equity Historical Data

The historical data trend for African Minerals'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.

African Minerals Debt-to-Equity Chart

African Minerals Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.57 0.64 0.99

African Minerals Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only N/A 0.64 0.41 0.99 0.93

Competitive Comparison of African Minerals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, African Minerals'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.


African Minerals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



African Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

African Minerals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 is calculated as

African Minerals's Debt to Equity Ratio for the quarter that ended in Jun. 2014 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.


African Minerals  (FRA:OUV) 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.


African Minerals Debt-to-Equity Related Terms

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


African Minerals (FRA:OUV) Business Description

Traded in Other Exchanges
N/A
Address
Stratton House, 5 Stratton Street, London, GBR, W1J 8LA
African Minerals Ltd is a mineral exploration and development company. It is engaged in the development, design, construction, and operation of iron ore deposit at Tonkolili, Sierra Leone, and its related rail and port infrastructure. In addition, it is also involved in the marketing and sale of the iron ore produced from this project.

African Minerals (FRA:OUV) Headlines

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