XTRA Bitcoin (XTRA Bitcoin) Debt-to-Equity : -0.70 (As of Dec. 2011)

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What is XTRA Bitcoin Debt-to-Equity?

XTRA Bitcoin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2011 was $0.21 Mil. XTRA Bitcoin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2011 was $0.00 Mil. XTRA Bitcoin's Total Stockholders Equity for the quarter that ended in Dec. 2011 was $-0.29 Mil. XTRA Bitcoin's debt to equity for the quarter that ended in Dec. 2011 was -0.70.

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

CBTC's Debt-to-Equity is not ranked ^*
in the Capital Markets industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

XTRA Bitcoin Debt-to-Equity Historical Data

The historical data trend for XTRA Bitcoin'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.

XTRA Bitcoin Debt-to-Equity Chart

XTRA Bitcoin Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Debt-to-Equity

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2.91

-0.54

-0.70

XTRA Bitcoin Quarterly Data
	Dec06	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Debt-to-Equity	Get a 7-Day Free Trial														-0.54	-0.54	-0.50	-0.72	-0.70

Competitive Comparison of XTRA Bitcoin's Debt-to-Equity

For the Capital Markets subindustry, XTRA Bitcoin'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.

XTRA Bitcoin's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, XTRA Bitcoin's Debt-to-Equity distribution charts can be found below:

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

XTRA Bitcoin Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

XTRA Bitcoin'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
	=	(0.205	+	0)	/	-0.292
	=	-0.70

XTRA Bitcoin's Debt to Equity Ratio for the quarter 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
	=	(0.205	+	0)	/	-0.292
	=	-0.70

XTRA Bitcoin (OTCPK:CBTC) 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.

XTRA Bitcoin Debt-to-Equity Related Terms

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