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GPTC (Golden Patriot) Debt-to-Equity : -0.90 (As of Jan. 2008)


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What is Golden Patriot Debt-to-Equity?

Golden Patriot's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2008 was $0.00 Mil. Golden Patriot's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2008 was $0.96 Mil. Golden Patriot's Total Stockholders Equity for the quarter that ended in Jan. 2008 was $-1.07 Mil. Golden Patriot's debt to equity for the quarter that ended in Jan. 2008 was -0.90.

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 Golden Patriot's Debt-to-Equity or its related term are showing as below:

GPTC's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.47
* Ranked among companies with meaningful Debt-to-Equity only.

Golden Patriot Debt-to-Equity Historical Data

The historical data trend for Golden Patriot'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.

Golden Patriot Debt-to-Equity Chart

Golden Patriot Annual Data
Trend Apr02 Apr03 Apr04 Apr05 Apr06 Apr07
Debt-to-Equity
Get a 7-Day Free Trial - -0.82 -0.47 -1.07 -1.14

Golden Patriot Quarterly Data
Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08
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 -1.16 -1.14 -0.84 -0.73 -0.90

Competitive Comparison of Golden Patriot's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Golden Patriot'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.


Golden Patriot's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Golden Patriot's Debt-to-Equity distribution charts can be found below:

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



Golden Patriot Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golden Patriot's Debt to Equity Ratio for the fiscal year that ended in Apr. 2007 is calculated as

Golden Patriot's Debt to Equity Ratio for the quarter that ended in Jan. 2008 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.


Golden Patriot  (OTCPK:GPTC) 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.


Golden Patriot Debt-to-Equity Related Terms

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


Golden Patriot Business Description

Traded in Other Exchanges
N/A
Address
8 Bond Street, Suite 124, Great Neck, NY, USA, 11021
Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.

Golden Patriot Headlines

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