GD Entertainment & Technology (GD Entertainment & Technology) Debt-to-Equity : -0.88 (As of Feb. 2006)

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What is GD Entertainment & Technology Debt-to-Equity?

GD Entertainment & Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2006 was $2.46 Mil. GD Entertainment & Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2006 was $0.05 Mil. GD Entertainment & Technology's Total Stockholders Equity for the quarter that ended in Feb. 2006 was $-2.87 Mil. GD Entertainment & Technology's debt to equity for the quarter that ended in Feb. 2006 was -0.88.

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 GD Entertainment & Technology's Debt-to-Equity or its related term are showing as below:

GDET's Debt-to-Equity is not ranked ^*
in the Personal Services industry.
Industry Median: 0.73
* Ranked among companies with meaningful Debt-to-Equity only.

GD Entertainment & Technology Debt-to-Equity Historical Data

The historical data trend for GD Entertainment & Technology'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.

GD Entertainment & Technology Debt-to-Equity Chart

GD Entertainment & Technology Annual Data

Trend

May01

May04

May05

Debt-to-Equity

-0.83

-1.01

-0.91

GD Entertainment & Technology Quarterly Data
	May01	Aug01	Nov01	Feb02	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06
Debt-to-Equity	Get a 7-Day Free Trial						-1.35	-0.91	-0.90	-0.92	-0.88

Competitive Comparison of GD Entertainment & Technology's Debt-to-Equity

For the Personal Services subindustry, GD Entertainment & Technology'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.

GD Entertainment & Technology's Debt-to-Equity Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, GD Entertainment & Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GD Entertainment & Technology's Debt-to-Equity falls into.

GD Entertainment & Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GD Entertainment & Technology's Debt to Equity Ratio for the fiscal year that ended in May. 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
	=	(0.914	+	1.269)	/	-2.395
	=	-0.91

GD Entertainment & Technology's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(2.462	+	0.053)	/	-2.868
	=	-0.88

GD Entertainment & Technology (OTCPK:GDET) 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.

GD Entertainment & Technology Debt-to-Equity Related Terms

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GD Entertainment & Technology (GD Entertainment & Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » GD Entertainment & Technology Inc (OTCPK:GDET) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

1 Bridge Plaza, 2nd Floor, Fort Lee, NJ, USA, 07024

Website

https://gdet.co

GD Entertainment & Technology Inc focuses on high growth industries. The company currently has one operating subsidiary, DreamCard, a high-end metal card that personalizes debit and credit cards for a fee which allows users to create a customizable debit or credit card using its online platform. It also customizes Specialty Cards for Customer Loyalty and Affinity Networks. It simply takes an existing debit or credit card and transfers its data and chip into a new metal, 24karat or Stainless Steel card of the cardholders design and ships it to the holder. GDET markets to the business enterprises that promote commerce to members with a VIP card. Casinos and Affinity Networks form the base of company consumers.