Innovest Global (Innovest Global) Debt-to-Equity : -1.45 (As of Jun. 2009)

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What is Innovest Global Debt-to-Equity?

Innovest Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2009 was $1.64 Mil. Innovest Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2009 was $1.76 Mil. Innovest Global's Total Stockholders Equity for the quarter that ended in Jun. 2009 was $-2.35 Mil. Innovest Global's debt to equity for the quarter that ended in Jun. 2009 was -1.45.

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 Innovest Global's Debt-to-Equity or its related term are showing as below:

IVST's Debt-to-Equity is not ranked ^*
in the Conglomerates industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

Innovest Global Debt-to-Equity Historical Data

The historical data trend for Innovest Global'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.

Innovest Global Debt-to-Equity Chart

Innovest Global Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Debt-to-Equity

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0.33

1.76

0.67

-1.75

Innovest Global Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Debt-to-Equity	Get a 7-Day Free Trial															-	0.24	-1.75	-1.57	-1.45

Competitive Comparison of Innovest Global's Debt-to-Equity

For the Conglomerates subindustry, Innovest Global'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.

Innovest Global's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Innovest Global's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Innovest Global's Debt-to-Equity falls into.

Innovest Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Innovest Global's Debt to Equity Ratio for the fiscal year that ended in Dec. 2008 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
	=	(1.016	+	1.602)	/	-1.494
	=	-1.75

Innovest Global's Debt to Equity Ratio for the quarter that ended in Jun. 2009 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
	=	(1.638	+	1.759)	/	-2.35
	=	-1.45

Innovest Global (OTCPK:IVST) 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.

Innovest Global Debt-to-Equity Related Terms

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Innovest Global (Innovest Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Innovest Global Inc (OTCPK:IVST) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8834 Mayfield Road, Chesterland, OH, USA, 44026

Website

https://www.innovestglobal.com

Innovest Global Inc is a diversified Industrial company. It operates in six segments: Energy Solutions, which provides an all-in-one offering of procurement and efficiency solutions for commercial and industrial customers, including LED lighting and retrofits; Energy Brokerage segment provides competitive electricity and natural gas purchase programs for residential and commercial consumers; Call Center Services; Building Solutions segment designs, engineers, tests and assembles curtainwall systems or other building solutions used in large custom construction projects; Wholesale Purchasing, which acts as a national distributor of roofing, windows, fasteners, and associated tools and accessories; and Others segment.