Trimax (Trimax) Debt-to-Equity : -1.73 (As of Sep. 2015)

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What is Trimax Debt-to-Equity?

Trimax's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.19 Mil. Trimax's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. Trimax's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $-0.11 Mil. Trimax's debt to equity for the quarter that ended in Sep. 2015 was -1.73.

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

TMXN's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Trimax Debt-to-Equity Historical Data

The historical data trend for Trimax'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.

Trimax Debt-to-Equity Chart

Trimax Annual Data

Trend

Sep04

Sep05

Sep06

Sep07

Sep08

Dec10

Dec11

Dec12

Dec13

Dec14

Debt-to-Equity

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-0.58

0.50

0.41

0.04

Trimax Quarterly Data
	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Dec10	Dec11	Dec12	Dec13	Dec14	Mar15	Jun15	Sep15
Debt-to-Equity	Get a 7-Day Free Trial															0.04	-	-	28,147,497,671,065.60	-1.73

Competitive Comparison of Trimax's Debt-to-Equity

For the Shell Companies subindustry, Trimax'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.

Trimax's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trimax's Debt-to-Equity distribution charts can be found below:

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

Trimax Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trimax's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	0)	/	0.171
	=	0.00

Trimax's Debt to Equity Ratio for the quarter 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
	=	(0.189	+	0)	/	-0.109
	=	-1.73

Trimax (OTCPK:TMXN) 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.

Trimax Debt-to-Equity Related Terms

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