HYII (All Grade Mining) Debt-to-Equity: -0.49 (As of Sep. 2013)

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What is All Grade Mining Debt-to-Equity?

All Grade Mining HYII Debt-to-Equity is -0.49 as of Sep. 2013.

All Grade Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.46 Mil. All Grade Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.51 Mil. All Grade Mining's Total Stockholders Equity for the quarter that ended in Sep. 2013 was $-2.00 Mil. All Grade Mining's debt to equity for the quarter that ended in Sep. 2013 was -0.49.

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 All Grade Mining's Debt-to-Equity or its related term are showing as below:

HYII's Debt-to-Equity is not ranked *
in the Steel industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

All Grade Mining  (GREY:HYII) 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.

All Grade Mining Debt-to-Equity Related Terms

All Grade Mining Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for All Grade Mining'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.

All Grade Mining Debt-to-Equity Chart

All Grade Mining Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-Equity
Get a 7-Day Free Trial -0.36 -0.21 -0.16 -0.28 -0.74

All Grade Mining Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.18 -0.74 -0.49 -0.23 -0.49

HYII vs VCAN, ADAC, CIIT: Debt-to-Equity Comparison

For the Steel subindustry, All Grade Mining'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.

All Grade Mining Debt-to-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, All Grade Mining's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where All Grade Mining's Debt-to-Equity falls into.


All Grade Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

All Grade Mining's Debt to Equity Ratio for the fiscal year that ended in Dec. 2012 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
=(0.349 + 0.363) / -0.96
=-0.74

All Grade Mining's Debt to Equity Ratio for the quarter that ended in Sep. 2013 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
=(0.459 + 0.511) / -1.997
=-0.49

* 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 -0.49 mean?
All Grade Mining (HYII) has a Debt-to-Equity of -0.49 as of Sep. 2013. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on All Grade Mining and its competitors.
Is All Grade Mining's Debt-to-Equity too high?
All Grade Mining's current Debt-to-Equity is -0.49.
How does All Grade Mining's Debt-to-Equity compare to VCAN and ADAC?
All Grade Mining's Debt-to-Equity of -0.49 can be compared against companies in the Steel industry. The industry median Debt-to-Equity is 0.40. 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.40, based on 548 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 All Grade Mining and its competitors. For the Steel industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. All Grade Mining's current Debt-to-Equity is -0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is All Grade Mining stock overvalued right now?
All Grade Mining (HYII) has a current Debt-to-Equity of -0.49. The current Debt-to-Equity is -0.49. 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 All Grade Mining (HYII), the current Debt-to-Equity is -0.49 as of Sep. 2013. 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.

All Grade Mining Business Description

Address 370 West Pleasantview Avenue, Suite 163, Hackensack, NJ, USA, 07601
All Grade Mining Inc is a development-stage company focused on the extraction of iron ore and copper from mines located in the Republic of Chile. The company owns the Salitrosa Iron Ore Mine, located 28 kilometers from Chanaral and 60 kilometers from the Caldera port. It comprises of iron ore reserve of over 40 million metric tons based on magnometric and geological studies done on the property.