Mining Investments Resources (LSE:MIR) Debt-to-Equity: 0.00 (As of Dec. 2013)

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What is Mining Investments Resources Debt-to-Equity?

Mining Investments Resources LSE:MIR Debt-to-Equity is 0.00 as of Dec. 2013. The stock has 2 warning signs investors should review.

Mining Investments Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was £0.00 Mil. Mining Investments Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was £0.00 Mil. Mining Investments Resources's Total Stockholders Equity for the quarter that ended in Dec. 2013 was £0.21 Mil. Mining Investments Resources's debt to equity for the quarter that ended in Dec. 2013 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 Mining Investments Resources's Debt-to-Equity or its related term are showing as below:

LSE:MIR's Debt-to-Equity is not ranked *
in the Conglomerates industry.
Industry Median: 0.535
* Ranked among companies with meaningful Debt-to-Equity only.

Mining Investments Resources  (LSE:MIR) 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.

Mining Investments Resources Debt-to-Equity Related Terms

Mining Investments Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Mining Investments Resources'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.

Mining Investments Resources Debt-to-Equity Chart

Mining Investments Resources Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Jun09 Jun10 Jun11 Jun12 Jun13
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Mining Investments Resources Semi-Annual Data
Sep03 Mar04 Sep04 Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 0.00 0.00 0.00 0.00 0.00

Mining Investments Resources Debt-to-Equity Competitor Comparison

For the Conglomerates subindustry, Mining Investments Resources'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.

Mining Investments Resources Debt-to-Equity vs Conglomerates Industry

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

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


Mining Investments Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mining Investments Resources's Debt to Equity Ratio for the fiscal year that ended in Jun. 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) / 0.486
=0.00

Mining Investments Resources's Debt to Equity Ratio for the quarter 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) / 0.209
=0.00

* 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 0.00 mean?
Mining Investments Resources (LSE:MIR) has a Debt-to-Equity of 0.00 as of Dec. 2013. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mining Investments Resources and its competitors.
Is Mining Investments Resources' Debt-to-Equity too high?
Mining Investments Resources' current Debt-to-Equity is 0.00.
How does Mining Investments Resources' Debt-to-Equity compare to competitors?
Mining Investments Resources' Debt-to-Equity of 0.00 can be compared against companies in the Conglomerates industry. The industry median Debt-to-Equity is 0.54. 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.54, based on 506 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 Mining Investments Resources and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mining Investments Resources's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mining Investments Resources stock overvalued right now?
Mining Investments Resources (LSE:MIR) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 Mining Investments Resources (LSE:MIR), the current Debt-to-Equity is 0.00 as of Dec. 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.

Mining Investments Resources Business Description

Mining Investments Resources PLC is an investing company. It mainly invests in businesses which possess the opportunity for high growth, generally through exploitation of intellectual property. The Company's investing policy is to acquire a diverse portfolio of direct and indirect interests in exploration and producing projects and assets in the natural resources sector.