CeCors (CeCors) Debt-to-Equity : -0.62 (As of Sep. 2008)

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What is CeCors Debt-to-Equity?

CeCors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.07 Mil. CeCors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.07 Mil. CeCors's Total Stockholders Equity for the quarter that ended in Sep. 2008 was $-0.21 Mil. CeCors's debt to equity for the quarter that ended in Sep. 2008 was -0.62.

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

CEOS's Debt-to-Equity is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

CeCors Debt-to-Equity Historical Data

The historical data trend for CeCors'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.

CeCors Debt-to-Equity Chart

CeCors Annual Data

Trend

Dec05

Dec06

Dec07

Debt-to-Equity

-5.00

0.04

1.36

CeCors Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Debt-to-Equity	Get a 7-Day Free Trial							0.14	1.36	12.33	-0.46	-0.62

Competitive Comparison of CeCors's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, CeCors'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.

CeCors's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, CeCors's Debt-to-Equity distribution charts can be found below:

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

CeCors Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CeCors's Debt to Equity Ratio for the fiscal year that ended in Dec. 2007 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
	=	(0.084	+	1.073)	/	0.852
	=	1.36

CeCors's Debt to Equity Ratio for the quarter that ended in Sep. 2008 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
	=	(0.066	+	0.065)	/	-0.21
	=	-0.62

CeCors (OTCPK:CEOS) 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.

CeCors Debt-to-Equity Related Terms

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CeCors (CeCors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » CeCors Inc (OTCPK:CEOS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

190 Norseman Street, Suite 100, Etobicoke, ON, CAN, M8Z 2R4

Website

https://www.psykeyworld.com

CeCors Inc is engaged in the acquisition and development of healthcare companies for healthcare supplies and healthcare equipment. The company is engaged in the development of new healthcare technologies and will continue to develop additional markets through healthcare IT and other related entities.