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Volcan Holdings (Volcan Holdings) Debt-to-Equity : -1.16 (As of Jun. 2010)


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What is Volcan Holdings Debt-to-Equity?

Volcan Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2010 was $2.19 Mil. Volcan Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2010 was $0.00 Mil. Volcan Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2010 was $-1.90 Mil. Volcan Holdings's debt to equity for the quarter that ended in Jun. 2010 was -1.16.

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

VOHO'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.

Volcan Holdings Debt-to-Equity Historical Data

The historical data trend for Volcan Holdings'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.

Volcan Holdings Debt-to-Equity Chart

Volcan Holdings Annual Data
Trend Aug07 Aug08 Jun09 Jun10
Debt-to-Equity
- -1.00 -1.20 -1.16

Volcan Holdings Quarterly Data
Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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 -1.20 - - - -1.16

Competitive Comparison of Volcan Holdings's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Volcan Holdings'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.


Volcan Holdings's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Volcan Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Volcan Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2010 is calculated as

Volcan Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2010 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.


Volcan Holdings  (OTCPK:VOHO) 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.


Volcan Holdings Debt-to-Equity Related Terms

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Volcan Holdings (Volcan Holdings) Business Description

Traded in Other Exchanges
N/A
Address
412 North Main Street, Suite 100, Buffalo, WY, USA, 82834
Volcan Holdings Inc operates in the industrial metals and minerals industry. The company is engaged in mineral exploration and development in Australia. The primary business is a bauxite alumina resource company.

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