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CGA Mining Limited (ASX:CGX) Debt-to-Equity : 0.14 (As of Sep. 2012)


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What is CGA Mining Limited Debt-to-Equity?

CGA Mining Limited's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was A$18.3 Mil. CGA Mining Limited's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was A$25.5 Mil. CGA Mining Limited's Total Stockholders Equity for the quarter that ended in Sep. 2012 was A$318.5 Mil. CGA Mining Limited's debt to equity for the quarter that ended in Sep. 2012 was 0.14.

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 CGA Mining Limited's Debt-to-Equity or its related term are showing as below:

ASX:CGX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: 0.16

ASX:CGX's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs ASX:CGX: 0.16

CGA Mining Limited Debt-to-Equity Historical Data

The historical data trend for CGA Mining Limited'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.

CGA Mining Limited Debt-to-Equity Chart

CGA Mining Limited Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.87 0.36 0.24 0.16

CGA Mining Limited Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 0.24 0.23 0.19 0.16 0.14

Competitive Comparison of CGA Mining Limited's Debt-to-Equity

For the Gold subindustry, CGA Mining Limited'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.


CGA Mining Limited's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



CGA Mining Limited Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CGA Mining Limited's Debt to Equity Ratio for the fiscal year that ended in Jun. 2012 is calculated as

CGA Mining Limited's Debt to Equity Ratio for the quarter that ended in Sep. 2012 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.


CGA Mining Limited  (ASX:CGX) 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.


CGA Mining Limited Debt-to-Equity Related Terms

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CGA Mining Limited (ASX:CGX) Business Description

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