GSDC (Goldsands Development Co) Debt-to-Equity: -0.25 (As of Sep. 2011)

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What is Goldsands Development Co Debt-to-Equity?

Goldsands Development Co GSDC -99.67% Debt-to-Equity is -0.25 as of Sep. 2011.

Goldsands Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2011 was $0.12 Mil. Goldsands Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2011 was $0.40 Mil. Goldsands Development Co's Total Stockholders Equity for the quarter that ended in Sep. 2011 was $-2.12 Mil. Goldsands Development Co's debt to equity for the quarter that ended in Sep. 2011 was -0.25.

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 Goldsands Development Co's Debt-to-Equity or its related term are showing as below:

GSDC's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

Goldsands Development Co  (OTCPK:GSDC) 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.

Goldsands Development Co Debt-to-Equity Related Terms

Goldsands Development Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Goldsands Development Co'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.

Goldsands Development Co Debt-to-Equity Chart

Goldsands Development Co Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Debt-to-Equity
Get a 7-Day Free Trial -3.58 -2.93 0.00 0.08 -0.70

Goldsands Development Co Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 1.24 -0.70 -0.51 -0.25 -0.25

GSDC vs AGLAF, KSTBF, CHSO: Debt-to-Equity Comparison

For the Gold subindustry, Goldsands Development Co'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.

Goldsands Development Co Debt-to-Equity vs Metals & Mining Industry

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

* The bar in red indicates where Goldsands Development Co's Debt-to-Equity falls into.


Goldsands Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Goldsands Development Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1.331 + 2.567) / -5.569
=-0.70

Goldsands Development Co's Debt to Equity Ratio for the quarter that ended in Sep. 2011 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.124 + 0.403) / -2.124
=-0.25

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.25 mean?
Goldsands Development Co (GSDC) has a Debt-to-Equity of -0.25 as of Sep. 2011. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Goldsands Development Co and its competitors.
Is Goldsands Development Co's Debt-to-Equity too high?
Goldsands Development Co's current Debt-to-Equity is -0.25.
How does Goldsands Development Co's Debt-to-Equity compare to AGLAF and KSTBF?
Goldsands Development Co's Debt-to-Equity of -0.25 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-Equity is 0.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,218 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Goldsands Development Co and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldsands Development Co's current Debt-to-Equity is -0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldsands Development Co stock overvalued right now?
Goldsands Development Co (GSDC) has a current Debt-to-Equity of -0.25. The current Debt-to-Equity is -0.25. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Goldsands Development Co (GSDC), the current Debt-to-Equity is -0.25 as of Sep. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Goldsands Development Co Business Description

Address Calle Juan Fanning 219, Miraflores, Lima, PER
Goldsands Development Co is a U.S. based company engages in the exploration and development of gold deposits in Peru.