GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Varca Ventures Inc (OTCPK:VRCV) » Definitions » Debt-to-Equity

Varca Ventures (Varca Ventures) Debt-to-Equity : -0.84 (As of Aug. 2012)


View and export this data going back to 2010. Start your Free Trial

What is Varca Ventures Debt-to-Equity?

Varca Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2012 was $0.43 Mil. Varca Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2012 was $0.76 Mil. Varca Ventures's Total Stockholders Equity for the quarter that ended in Aug. 2012 was $-1.41 Mil. Varca Ventures's debt to equity for the quarter that ended in Aug. 2012 was -0.84.

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

VRCV'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.

Varca Ventures Debt-to-Equity Historical Data

The historical data trend for Varca Ventures'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.

Varca Ventures Debt-to-Equity Chart

Varca Ventures Annual Data
Trend Feb11 Feb12
Debt-to-Equity
-0.93 -1.73

Varca Ventures Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Feb12 May12 Aug12
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only - - -1.73 -1.09 -0.84

Competitive Comparison of Varca Ventures's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Varca Ventures'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.


Varca Ventures's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Varca Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Varca Ventures's Debt to Equity Ratio for the fiscal year that ended in Feb. 2012 is calculated as

Varca Ventures's Debt to Equity Ratio for the quarter that ended in Aug. 2012 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.


Varca Ventures  (OTCPK:VRCV) 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.


Varca Ventures Debt-to-Equity Related Terms

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


Varca Ventures (Varca Ventures) Business Description

Traded in Other Exchanges
N/A
Address
1630 Ringling Boulevard, Sarasota, FL, USA, 34236
Varca Ventures Inc engages in mining and exploration of mineral properties. It has re-staked a claim on certain property covering 357 hectares (882.6 acres) located in the Similkameen Mining Division of British Columbia, Canada.

Varca Ventures (Varca Ventures) Headlines

No Headlines