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VMTG (Victor Mining Industry Group) Debt-to-Equity : -0.63 (As of Sep. 2006)


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What is Victor Mining Industry Group Debt-to-Equity?

Victor Mining Industry Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2006 was $1.75 Mil. Victor Mining Industry Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2006 was $0.04 Mil. Victor Mining Industry Group's Total Stockholders Equity for the quarter that ended in Sep. 2006 was $-2.86 Mil. Victor Mining Industry Group's debt to equity for the quarter that ended in Sep. 2006 was -0.63.

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

VMTG's Debt-to-Equity is not ranked *
in the Business Services industry.
Industry Median: 0.37
* Ranked among companies with meaningful Debt-to-Equity only.

Victor Mining Industry Group Debt-to-Equity Historical Data

The historical data trend for Victor Mining Industry Group'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.

Victor Mining Industry Group Debt-to-Equity Chart

Victor Mining Industry Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Debt-to-Equity
Get a 7-Day Free Trial 0.11 0.14 -0.40 -1.00 -0.86

Victor Mining Industry Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 -0.64 -0.86 -0.82 -0.69 -0.63

Competitive Comparison of Victor Mining Industry Group's Debt-to-Equity

For the Specialty Business Services subindustry, Victor Mining Industry Group'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.


Victor Mining Industry Group's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Victor Mining Industry Group's Debt-to-Equity distribution charts can be found below:

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



Victor Mining Industry Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Victor Mining Industry Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2005 is calculated as

Victor Mining Industry Group's Debt to Equity Ratio for the quarter that ended in Sep. 2006 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.


Victor Mining Industry Group  (OTCPK:VMTG) 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.


Victor Mining Industry Group Debt-to-Equity Related Terms

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


Victor Mining Industry Group Business Description

Traded in Other Exchanges
N/A
Address
69 Waterfall Blvd, The Ponds, Sydney, NSW, AUS
Victor Mining Industry Group Inc is a shell company.
Executives
Hanlin Chen director

Victor Mining Industry Group Headlines

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