GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SportsQuest Inc (OTCPK:SPQS) » Definitions » Debt-to-Equity

SPQS (SportsQuest) Debt-to-Equity : 0.45 (As of Oct. 2007)


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

What is SportsQuest Debt-to-Equity?

SportsQuest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2007 was $0.00 Mil. SportsQuest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2007 was $3.30 Mil. SportsQuest's Total Stockholders Equity for the quarter that ended in Oct. 2007 was $7.34 Mil. SportsQuest's debt to equity for the quarter that ended in Oct. 2007 was 0.45.

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

SPQS's Debt-to-Equity is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

SportsQuest Debt-to-Equity Historical Data

The historical data trend for SportsQuest'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.

SportsQuest Debt-to-Equity Chart

SportsQuest Annual Data
Trend Oct98 Oct99 Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.45

SportsQuest Semi-Annual Data
Oct96 Oct97 Oct98 Oct99 Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.45

Competitive Comparison of SportsQuest's Debt-to-Equity

For the Leisure subindustry, SportsQuest'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.


SportsQuest's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SportsQuest's Debt-to-Equity distribution charts can be found below:

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


;
;

SportsQuest Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SportsQuest's Debt to Equity Ratio for the fiscal year that ended in Oct. 2007 is calculated as

SportsQuest's Debt to Equity Ratio for the quarter that ended in Oct. 2007 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.


SportsQuest  (OTCPK:SPQS) 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.


SportsQuest Debt-to-Equity Related Terms

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


SportsQuest Business Description

Traded in Other Exchanges
N/A
Address
500 S Australian Avenue, Suite No. 600, West Palm Beach, Florida, FL, USA, 33401
SportsQuest Inc is currently is in development stage company of a sports franchise. The company is engaged in sports and hospitality related services.
Executives
Roy Thomas Kidd director, officer: President, CEO 432 VALLEY STREAM DRIVE, GENEVA FL 32732
Air Brook Airport Express Inc other: Related party 500 AUSTRALIAN AVENUE, SUITE 600, WEST PALM BEACH FL 33401