Santo Mining (Santo Mining) Debt-to-Equity : -0.57 (As of Jul. 2015)

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What is Santo Mining Debt-to-Equity?

Santo Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2015 was $0.32 Mil. Santo Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2015 was $0.00 Mil. Santo Mining's Total Stockholders Equity for the quarter that ended in Jul. 2015 was $-0.56 Mil. Santo Mining's debt to equity for the quarter that ended in Jul. 2015 was -0.57.

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

SANP's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

Santo Mining Debt-to-Equity Historical Data

The historical data trend for Santo Mining'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.

Santo Mining Debt-to-Equity Chart

Santo Mining Annual Data

Trend

Jul10

Jul11

Jul12

Jul13

Jul14

Debt-to-Equity

-0.10

-0.23

Santo Mining Semi-Annual Data
	Jul10	Jul11	Jul12	Jul13	Jul14	Jul15
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-0.10	-0.23	-0.57

Competitive Comparison of Santo Mining's Debt-to-Equity

For the Software - Infrastructure subindustry, Santo Mining'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.

Santo Mining's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Santo Mining's Debt-to-Equity distribution charts can be found below:

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

Santo Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Santo Mining's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(0.217	+	0)	/	-0.951
	=	-0.23

Santo Mining's Debt to Equity Ratio for the quarter that ended in Jul. 2015 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
	=	(0.321	+	0)	/	-0.561
	=	-0.57

Santo Mining (OTCPK:SANP) 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.

Santo Mining Debt-to-Equity Related Terms

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Santo Mining (Santo Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Santo Mining Corp (OTCPK:SANP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

848 Biscayne Boulevard, PH5, Miami, FL, USA, 33133

Website

https://www.santoblockchain.com

Santo Mining Corp is a Wyoming corporation and its wholly owned subsidiaries is a vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end "BaaS" Blockchain-as-a-Service, similar to software-as-a-service, blockchain as a service lets businesses get applications up and running with minimal hassle.