Bullabulling Gold (LSE:BGL) Debt-to-Equity : 0.00 (As of Jun. 2014)

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What is Bullabulling Gold Debt-to-Equity?

Bullabulling Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was £0.00 Mil. Bullabulling Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was £0.00 Mil. Bullabulling Gold's Total Stockholders Equity for the quarter that ended in Jun. 2014 was £0.51 Mil. Bullabulling Gold's debt to equity for the quarter that ended in Jun. 2014 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 Bullabulling Gold's Debt-to-Equity or its related term are showing as below:

LSE:BGL's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Bullabulling Gold Debt-to-Equity Historical Data

The historical data trend for Bullabulling Gold'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.

Bullabulling Gold Debt-to-Equity Chart

Bullabulling Gold Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Debt-to-Equity

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Bullabulling Gold Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14
Debt-to-Equity	N/A	-	-	-	-

Competitive Comparison of Bullabulling Gold's Debt-to-Equity

For the Gold subindustry, Bullabulling Gold'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.

Bullabulling Gold's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Bullabulling Gold's Debt-to-Equity distribution charts can be found below:

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

Bullabulling Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bullabulling Gold's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	0)	/	2.087
	=	0.00

Bullabulling Gold's Debt to Equity Ratio for the quarter that ended in Jun. 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)	/	0.509
	=	0.00

Bullabulling Gold (LSE:BGL) 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.

Bullabulling Gold Debt-to-Equity Related Terms

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Bullabulling Gold (LSE:BGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bullabulling Gold Ltd (LSE:BGL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.bullabullinggold.com

Bullabulling Gold Ltd wass incorporated on 15 September 2011 in Australia. The Company is a mining exploration and development company. It is primarily focused on development of the wholly owned Bullabulling Gold Project. Bullabulling is located in the Eastern Goldfields of Western Australia, approximately 60km from Kalgoorlie.

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