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Arian Resources (Arian Resources) Debt-to-Equity : -0.02 (As of Nov. 2016)


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What is Arian Resources Debt-to-Equity?

Arian Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2016 was $0.05 Mil. Arian Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2016 was $0.00 Mil. Arian Resources's Total Stockholders Equity for the quarter that ended in Nov. 2016 was $-3.13 Mil. Arian Resources's debt to equity for the quarter that ended in Nov. 2016 was -0.02.

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

GNHRF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Arian Resources Debt-to-Equity Historical Data

The historical data trend for Arian Resources'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.

Arian Resources Debt-to-Equity Chart

Arian Resources Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.06 -

Arian Resources Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 0.02 0.03 - -0.01 -0.02

Competitive Comparison of Arian Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Arian Resources'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.


Arian Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Arian Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arian Resources's Debt to Equity Ratio for the fiscal year that ended in May. 2016 is calculated as

Arian Resources's Debt to Equity Ratio for the quarter that ended in Nov. 2016 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.


Arian Resources  (OTCPK:GNHRF) 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.


Arian Resources Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Arian Resources's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Arian Resources (Arian Resources) Business Description

Traded in Other Exchanges
N/A
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Arian Resources Corp is a mineral exploration company. It is engaged in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, platinum group elements, chromite, and copper ores. It holds interests in Albanian exploration projects located in Northern Albania and also owns interest in a copper mining exploitation permit located in Albania. It operates through Mineral exploration segment and generates revenue from the same.

Arian Resources (Arian Resources) Headlines

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