Glacier Water Services (Glacier Water Services) Debt-to-Equity : -2.17 (As of Dec. 2010)

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What is Glacier Water Services Debt-to-Equity?

Glacier Water Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $0.9 Mil. Glacier Water Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $118.8 Mil. Glacier Water Services's Total Stockholders Equity for the quarter that ended in Dec. 2010 was $-55.1 Mil. Glacier Water Services's debt to equity for the quarter that ended in Dec. 2010 was -2.17.

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 Glacier Water Services's Debt-to-Equity or its related term are showing as below:

GWSV's Debt-to-Equity is not ranked ^*
in the Beverages - Non-Alcoholic industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Glacier Water Services Debt-to-Equity Historical Data

The historical data trend for Glacier Water Services'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.

Glacier Water Services Debt-to-Equity Chart

Glacier Water Services Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Debt-to-Equity

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-3.12

-2.55

-2.28

-2.15

-2.17

Glacier Water Services Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10
Debt-to-Equity	Get a 7-Day Free Trial															-2.15	-2.10	-2.11	-2.16	-2.17

Competitive Comparison of Glacier Water Services's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Glacier Water Services'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.

Glacier Water Services's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Glacier Water Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Glacier Water Services's Debt-to-Equity falls into.

Glacier Water Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Glacier Water Services'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
	=	(0.868	+	118.782)	/	-55.085
	=	-2.17

Glacier Water Services's Debt to Equity Ratio for the quarter 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
	=	(0.868	+	118.782)	/	-55.085
	=	-2.17

Glacier Water Services (OTCPK:GWSV) 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.

Glacier Water Services Debt-to-Equity Related Terms

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Glacier Water Services (Glacier Water Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Glacier Water Services Inc (OTCPK:GWSV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.glacierwater.com

Glacier Water Services provides drinking water that is dispensed to consumers through coin-operated, self-service, vending machines. These machines are designed, developed, and assembled by the company and they reduce impurities in the water through a combination of micron filtration, reverse osmosis, carbon adsorption, and ultraviolet sterilization. The company's machines, which are located throughout the United States, are placed primarily at supermarkets and other retail locations.

Executives

Richard A Kayne	director, 10 percent owner
Kayne Anderson Capital Advisors Lp	10 percent owner	2121 AVENUE OF THE STARS, 9TH FLOOR, LOS ANGELES CA 90067
Charles A Norris	director, 10 percent owner	481 DENSLOW AVE, LOS ANGELES CA 90049
Robert V Sinnott	other: Former Director	1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067

Glacier Water Services (Glacier Water Services) Headlines

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