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Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Debt-to-Equity : 0.36 (As of Sep. 2014)


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What is Evraz Highveld Steel and Vanadium Debt-to-Equity?

Evraz Highveld Steel and Vanadium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $30.2 Mil. Evraz Highveld Steel and Vanadium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $1.0 Mil. Evraz Highveld Steel and Vanadium's Total Stockholders Equity for the quarter that ended in Sep. 2014 was $86.9 Mil. Evraz Highveld Steel and Vanadium's debt to equity for the quarter that ended in Sep. 2014 was 0.36.

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 Evraz Highveld Steel and Vanadium's Debt-to-Equity or its related term are showing as below:

HGVLY's Debt-to-Equity is not ranked *
in the Steel industry.
Industry Median: 0.42
* Ranked among companies with meaningful Debt-to-Equity only.

Evraz Highveld Steel and Vanadium Debt-to-Equity Historical Data

The historical data trend for Evraz Highveld Steel and Vanadium'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.

Evraz Highveld Steel and Vanadium Debt-to-Equity Chart

Evraz Highveld Steel and Vanadium 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 - - - 0.07 0.22

Evraz Highveld Steel and Vanadium Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.19 0.22 0.23 0.28 0.36

Competitive Comparison of Evraz Highveld Steel and Vanadium's Debt-to-Equity

For the Steel subindustry, Evraz Highveld Steel and Vanadium'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.


Evraz Highveld Steel and Vanadium's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Evraz Highveld Steel and Vanadium's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Evraz Highveld Steel and Vanadium's Debt-to-Equity falls into.



Evraz Highveld Steel and Vanadium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evraz Highveld Steel and Vanadium's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Evraz Highveld Steel and Vanadium's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Evraz Highveld Steel and Vanadium  (OTCPK:HGVLY) 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.


Evraz Highveld Steel and Vanadium Debt-to-Equity Related Terms

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Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Business Description

Traded in Other Exchanges
N/A
Address
Evraz Highveld Steel and Vanadium Ltd. is engaged in the production of integrated iron ore, steel and vanadium slag. It also produces rail, coiled plate, coiled strip, light and medium plate and cast billets. The Company operates in two business segments: Steel and Vanadium. The major products of the steel segment are magnetite iron ore, structural steel, plate and coil. The major products of the vanadium segment are vanadium slag and ferrovanadium. Vanadium slag is a by-product from the steelmaking process.

Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Headlines

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