GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Maxxam Inc (OTCPK:MAXX) » Definitions » Debt-to-Equity

Maxxam (Maxxam) Debt-to-Equity : -0.50 (As of Sep. 2009)


View and export this data going back to 1972. Start your Free Trial

What is Maxxam Debt-to-Equity?

Maxxam's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2009 was $6.30 Mil. Maxxam's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2009 was $202.60 Mil. Maxxam's Total Stockholders Equity for the quarter that ended in Sep. 2009 was $-416.40 Mil. Maxxam's debt to equity for the quarter that ended in Sep. 2009 was -0.50.

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

MAXX's Debt-to-Equity is not ranked *
in the Real Estate industry.
Industry Median: 0.76
* Ranked among companies with meaningful Debt-to-Equity only.

Maxxam Debt-to-Equity Historical Data

The historical data trend for Maxxam'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.

Maxxam Debt-to-Equity Chart

Maxxam Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.47 -1.52 -5.03 -0.83 -0.55

Maxxam Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 -0.57 -0.55 -0.53 -0.51 -0.50

Competitive Comparison of Maxxam's Debt-to-Equity

For the Real Estate Services subindustry, Maxxam'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.


Maxxam's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Maxxam's Debt-to-Equity distribution charts can be found below:

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



Maxxam Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Maxxam's Debt to Equity Ratio for the fiscal year that ended in Dec. 2008 is calculated as

Maxxam's Debt to Equity Ratio for the quarter that ended in Sep. 2009 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.


Maxxam  (OTCPK:MAXX) 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.


Maxxam Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Maxxam's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Maxxam (Maxxam) Business Description

Traded in Other Exchanges
N/A
Address
Maxxam Inc through its subsidiaries, is engaged in the residential and commercial real estate investment and development, and racing operations.
Executives
Charles E Hurwitz director, 10 percent owner, officer: Chairman of the Board & CEO 1330 POST OAK BOULEVARD, SUITE 2000, HOUSTON TX 77056
Robert J Cruikshank director 2001 KIRBY, SUITE 313, HOUSTON TX 77019
Ezra G Levin director 1330 POST OAK BLVD., SUITE 2000, HOUSTON TX 77056
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Elizabeth D Brumley officer: Controller 9800 RICHMOND AVE., SUITE 700, HOUSTON TX 77042
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036

Maxxam (Maxxam) Headlines

No Headlines