Central Gold-Trust (Central Gold-Trust) Debt-to-Equity : 0.00 (As of Sep. 2015)

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What is Central Gold-Trust Debt-to-Equity?

Central Gold-Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. Central Gold-Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. Central Gold-Trust's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $787.75 Mil. Central Gold-Trust's debt to equity for the quarter that ended in Sep. 2015 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 Central Gold-Trust's Debt-to-Equity or its related term are showing as below:

GTU's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Central Gold-Trust Debt-to-Equity Historical Data

The historical data trend for Central Gold-Trust'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.

Central Gold-Trust Debt-to-Equity Chart

Central Gold-Trust Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Debt-to-Equity

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Central Gold-Trust Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Central Gold-Trust's Debt-to-Equity

For the Asset Management subindustry, Central Gold-Trust'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.

Central Gold-Trust's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Central Gold-Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Central Gold-Trust's Debt-to-Equity falls into.

Central Gold-Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Central Gold-Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 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	+	0)	/	855.277
	=	0.00

Central Gold-Trust's Debt to Equity Ratio for the quarter that ended in Sep. 2015 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	+	0)	/	787.749
	=	0.00

Central Gold-Trust (AMEX:GTU) 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.

Central Gold-Trust Debt-to-Equity Related Terms

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Central Gold-Trust (Central Gold-Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Central Gold-Trust (AMEX:GTU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.gold-trust.com

Central Gold-Trust was established on April 28, 2003 in Canada. It is a passive, self-governing, single purpose, closed-end trust. It was established to buy and hold substantially all of its assets in gold bullion. The objective of the Company is to provide a secure, convenient, low-cost, exchange-tradeable investment alternative for investors interested in holding gold bullion.

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