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TransGlobal Assets (TransGlobal Assets) Debt-to-Equity : -0.65 (As of Dec. 2011)


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What is TransGlobal Assets Debt-to-Equity?

TransGlobal Assets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2011 was $1.23 Mil. TransGlobal Assets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2011 was $0.00 Mil. TransGlobal Assets's Total Stockholders Equity for the quarter that ended in Dec. 2011 was $-1.88 Mil. TransGlobal Assets's debt to equity for the quarter that ended in Dec. 2011 was -0.65.

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

TMSH's Debt-to-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.3
* Ranked among companies with meaningful Debt-to-Equity only.

TransGlobal Assets Debt-to-Equity Historical Data

The historical data trend for TransGlobal Assets'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.

TransGlobal Assets Debt-to-Equity Chart

TransGlobal Assets Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Debt-to-Equity
-0.59 -0.37 -0.35 -0.89 -0.65

TransGlobal Assets Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11
Debt-to-Equity -0.59 -0.37 -0.35 -0.89 -0.65

Competitive Comparison of TransGlobal Assets's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, TransGlobal Assets'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.

TransGlobal Assets's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TransGlobal Assets's Debt-to-Equity distribution charts can be found below:

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


TransGlobal Assets Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TransGlobal Assets'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
=(1.226 + 0) / -1.88
=-0.65

TransGlobal Assets'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
=(1.226 + 0) / -1.88
=-0.65

* 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.

TransGlobal Assets  (OTCPK:TMSH) 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.

TransGlobal Assets Debt-to-Equity Related Terms

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

TransGlobal Assets (TransGlobal Assets) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TransGlobal Assets Inc (OTCPK:TMSH) » Definitions » Debt-to-Equity
Comparable Companies
BOM:538597 BOM:540135 BOM:530557 BOM:530747 BOM:538423 BOM:531417 KAR:SLL WAR:WRL BOM:523062 BOM:537820 BOM:531650 BOM:526859 BOM:511728 CLDOF BOM:511577 BOM:511391 BOM:530581 WAR:DRF WAR:MRK BOM:512048
Traded in Other Exchanges
N/A
Address
810 Pony Express Road, Cheyenne, WY, USA, 82009
Website
https://www.transglobalassets.com
TransGlobal Assets Inc provides customers with a wide range of high-quality CBD & THC products from its organically grown Clones, Teens and Mothers. Its self-sustaining Hemp Ranch will be vertically integrated from acres allocated, to outdoor cultivation and indoor greenhouses, to warehouses for processing farm-grown hemp into textiles, hempcrete & plastics and processing all-natural products.