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Southridge Enterprises (Southridge Enterprises) Debt-to-Equity : 0.42 (As of May. 2008)


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What is Southridge Enterprises Debt-to-Equity?

Southridge Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2008 was $0.00 Mil. Southridge Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2008 was $2.50 Mil. Southridge Enterprises's Total Stockholders Equity for the quarter that ended in May. 2008 was $6.00 Mil. Southridge Enterprises's debt to equity for the quarter that ended in May. 2008 was 0.42.

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

SRGE'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.

Southridge Enterprises Debt-to-Equity Historical Data

The historical data trend for Southridge Enterprises'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.

Southridge Enterprises Debt-to-Equity Chart

Southridge Enterprises Annual Data
Trend Aug06 Aug07
Debt-to-Equity
- -

Southridge Enterprises Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.26 - -1.26 0.94 0.42

Competitive Comparison of Southridge Enterprises's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Southridge Enterprises'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.


Southridge Enterprises's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Southridge Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Southridge Enterprises's Debt to Equity Ratio for the fiscal year that ended in Aug. 2007 is calculated as

Southridge Enterprises's Debt to Equity Ratio for the quarter that ended in May. 2008 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.


Southridge Enterprises  (GREY:SRGE) 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.


Southridge Enterprises Debt-to-Equity Related Terms

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Southridge Enterprises (Southridge Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
3625 N. Hall Street, Suite 900, Dallas, TX, USA, 75219
Southridge Enterprises Inc is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties.

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