STACF (Portex Minerals) Debt-to-Equity: -0.05 (As of Jun. 2016)

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What is Portex Minerals Debt-to-Equity?

Portex Minerals STACF Debt-to-Equity is -0.05 as of Jun. 2016.

Portex Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $0.02 Mil. Portex Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $0.00 Mil. Portex Minerals's Total Stockholders Equity for the quarter that ended in Jun. 2016 was $-0.37 Mil. Portex Minerals's debt to equity for the quarter that ended in Jun. 2016 was -0.05.

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

STACF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

Portex Minerals  (OTCPK:STACF) 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.

Portex Minerals Debt-to-Equity Related Terms

Portex Minerals Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Portex Minerals'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.

Portex Minerals Debt-to-Equity Chart

Portex Minerals Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.00 3.12 0.00 0.08 -0.01

Portex Minerals Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -0.01 -0.01 -0.01 -0.05 -0.05

Portex Minerals Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Portex Minerals'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.

Portex Minerals Debt-to-Equity vs Metals & Mining Industry

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

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


Portex Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Portex Minerals's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
=(0.019 + 0) / -1.555
=-0.01

Portex Minerals's Debt to Equity Ratio for the quarter that ended in Jun. 2016 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
=(0.019 + 0) / -0.37
=-0.05

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.05 mean?
Portex Minerals (STACF) has a Debt-to-Equity of -0.05 as of Jun. 2016. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Portex Minerals and its competitors.
Is Portex Minerals' Debt-to-Equity too high?
Portex Minerals' current Debt-to-Equity is -0.05.
How does Portex Minerals' Debt-to-Equity compare to competitors?
Portex Minerals' Debt-to-Equity of -0.05 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-Equity is 0.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,221 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Portex Minerals and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Portex Minerals's current Debt-to-Equity is -0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Portex Minerals stock overvalued right now?
Portex Minerals (STACF) has a current Debt-to-Equity of -0.05. The current Debt-to-Equity is -0.05. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Portex Minerals (STACF), the current Debt-to-Equity is -0.05 as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Portex Minerals Business Description

Address 2 Bloor Street West, Suite 2000, Toronto, ON, CAN, M4W 3E2
Portex Minerals Inc is a mineral exploration and development company focused on the acquisition and development of mining projects in Europe and other low-risk jurisdictions.