Mindset Holding AG (XSWX:MIND) Debt-to-Equity : -0.28 (As of Jun. 2011)

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What is Mindset Holding AG Debt-to-Equity?

Mindset Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2011 was CHF0.00 Mil. Mindset Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2011 was CHF0.51 Mil. Mindset Holding AG's Total Stockholders Equity for the quarter that ended in Jun. 2011 was CHF-1.84 Mil. Mindset Holding AG's debt to equity for the quarter that ended in Jun. 2011 was -0.28.

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 Mindset Holding AG's Debt-to-Equity or its related term are showing as below:

XSWX:MIND's Debt-to-Equity is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 0.465
* Ranked among companies with meaningful Debt-to-Equity only.

Mindset Holding AG Debt-to-Equity Historical Data

The historical data trend for Mindset Holding AG'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.

Mindset Holding AG Debt-to-Equity Chart

Mindset Holding AG Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec07

Dec08

Dec09

Dec10

Dec11

Debt-to-Equity

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-1.30

-0.90

Mindset Holding AG Quarterly Data
	Jun10	Jun11
Debt-to-Equity	-	-0.28

Competitive Comparison of Mindset Holding AG's Debt-to-Equity

For the Auto Manufacturers subindustry, Mindset Holding AG'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.

Mindset Holding AG's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mindset Holding AG's Debt-to-Equity distribution charts can be found below:

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

Mindset Holding AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mindset Holding AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2011 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	+	1.513)	/	-1.674
	=	-0.90

Mindset Holding AG's Debt to Equity Ratio for the quarter that ended in Jun. 2011 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	+	0.513)	/	-1.837
	=	-0.28

Mindset Holding AG (XSWX:MIND) 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.

Mindset Holding AG Debt-to-Equity Related Terms

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