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North Bay Resources (North Bay Resources) Debt-to-Equity : -1.09 (As of Sep. 2015)


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What is North Bay Resources Debt-to-Equity?

North Bay Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $3.26 Mil. North Bay Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. North Bay Resources's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $-2.98 Mil. North Bay Resources's debt to equity for the quarter that ended in Sep. 2015 was -1.09.

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 North Bay Resources's Debt-to-Equity or its related term are showing as below:

NBRI'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.

North Bay Resources Debt-to-Equity Historical Data

The historical data trend for North Bay 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.

* Premium members only.

North Bay Resources Debt-to-Equity Chart

North Bay Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Equity
Get a 7-Day Free Trial -0.07 46.81 -1.51 -1.11 -0.98

North Bay Resources Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -1.38 -0.98 -1.27 -1.09 -1.09

Competitive Comparison of North Bay Resources's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, North Bay 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.


North Bay Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



North Bay Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

North Bay Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 is calculated as

North Bay Resources's Debt to Equity Ratio for the quarter that ended in Sep. 2015 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.


North Bay Resources  (OTCPK:NBRI) 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.


North Bay Resources Debt-to-Equity Related Terms

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


North Bay Resources (North Bay Resources) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 162, Skippack, PA, USA, 19474
North Bay Resources Inc is a natural resource company. It is engaged in the exploration, acquisition, development, and mining of precious metals and other mineral properties. The company's projects include Mount Washington Project; Tulameen Platinum; Zeballos Gold; Fraser River Platinum; and; Zippa Mtn Wollastonite.

North Bay Resources (North Bay Resources) Headlines