Zann (ZNNC) Debt-to-Equity : -0.07 (As of Mar. 2006)

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What is Zann Debt-to-Equity?

Zann's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2006 was $0.13 Mil. Zann's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2006 was $0.00 Mil. Zann's Total Stockholders Equity for the quarter that ended in Mar. 2006 was $-1.79 Mil. Zann's debt to equity for the quarter that ended in Mar. 2006 was -0.07.

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

ZNNC's Debt-to-Equity is not ranked ^*
in the Conglomerates industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

Zann Debt-to-Equity Historical Data

The historical data trend for Zann'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.

Zann Debt-to-Equity Chart

Zann Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec05

Debt-to-Equity

-0.48

-0.19

-0.22

-0.10

Zann Quarterly Data
	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Mar05	Jun05	Sep05	Dec05	Mar06
Debt-to-Equity	Get a 7-Day Free Trial															-0.17	-4.50	-4.86	-0.10	-0.07

Competitive Comparison of Zann's Debt-to-Equity

For the Conglomerates subindustry, Zann'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.

Zann's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Zann's Debt-to-Equity distribution charts can be found below:

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

Zann Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zann's Debt to Equity Ratio for the fiscal year that ended in Dec. 2005 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
	=	(0.156	+	0)	/	-1.523
	=	-0.10

Zann's Debt to Equity Ratio for the quarter that ended in Mar. 2006 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
	=	(0.125	+	0)	/	-1.788
	=	-0.07

Zann (OTCPK:ZNNC) 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.

Zann Debt-to-Equity Related Terms

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Zann (ZNNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Zann Corp (OTCPK:ZNNC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3753 Howard Hughes Parkway, Suite 200, No. 473, Las Vegas, NV, USA, 89169

Website

http://www.zann-asia.com

Zann Corp is a holding company. It operates in diversified businesses such as digital currency and digital payment, online gaming software, information security, logistics and international trade, hometown tax consulting and Asian business consulting, media, renewable energy, and palm oil.

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