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Vortex Brands Co (Vortex Brands Co) Debt-to-Equity : 0.00 (As of Jun. 2007)


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What is Vortex Brands Co Debt-to-Equity?

Vortex Brands Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2007 was $0.00 Mil. Vortex Brands Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2007 was $0.00 Mil. Vortex Brands Co's Total Stockholders Equity for the quarter that ended in Jun. 2007 was $-0.02 Mil. Vortex Brands Co's debt to equity for the quarter that ended in Jun. 2007 was 0.00.

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 Vortex Brands Co's Debt-to-Equity or its related term are showing as below:

VTXB's Debt-to-Equity is not ranked *
in the Capital Markets industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Vortex Brands Co Debt-to-Equity Historical Data

The historical data trend for Vortex Brands Co'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.

Vortex Brands Co Debt-to-Equity Chart

Vortex Brands Co Annual Data
Trend Jun05 Jun06 Jun07
Debt-to-Equity
N/A - -

Vortex Brands Co Semi-Annual Data
Jun05 Jun06 Jun07
Debt-to-Equity N/A - -

Competitive Comparison of Vortex Brands Co's Debt-to-Equity

For the Capital Markets subindustry, Vortex Brands Co'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.

Vortex Brands Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Vortex Brands Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vortex Brands Co's Debt-to-Equity falls into.


Vortex Brands Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vortex Brands Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 2007 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 + 0) / -0.017
=0.00

Vortex Brands Co's Debt to Equity Ratio for the quarter that ended in Jun. 2007 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 + 0) / -0.017
=0.00

* 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.

Vortex Brands Co  (OTCPK:VTXB) 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.

Vortex Brands Co Debt-to-Equity Related Terms

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Vortex Brands Co (Vortex Brands Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vortex Brands Co (OTCPK:VTXB) » Definitions » Debt-to-Equity
Comparable Companies
SYSX MS GS SCHW ASX:MQG SHSE:600030 BSP:BPAC3 RJF TW LPLA SHSE:601066 HOOD TSE:8604 SHSE:601211 SHSE:601688 SHSE:600999 HKSE:03908 SZSE:000166 HKSE:06881 IBKR
Traded in Other Exchanges
N/A
Address
3511 Del Paso Road, Suite 160 PMB 432, Sacramento, CA, USA, 95835
Website
https://www.vortexbrands.us
Vortex Brands Co has two business operations: Bitcoin Mining and Multi-purpose Phase Angle Synchronization equipment as a service to electric utilities in the United States.
Executives
Alfred M. Dube director 950 17TH STREET, SUITE 2300, DENVER CO 80202
David Weisgerber officer: Executive Officer 950 17TH STREET, SUITE 2300, DENVER CO 80202
James Hostetler officer: Executive Vice President 950 17TH STREET, SUITE 2300, DENVER CO 80202
Brian D. Hughes director, 10 percent owner 950 17TH STREET, SUITE 2300, DENVER CO 80202
Keith Reeves officer: Vice President of Exploration 950 17TH STREET, SUITE 2300, DENVER CO 80202
Hughes Lllp Lma 10 percent owner 8400 EAST PRENTICE AVENUE, PH 1500, GREENWOOD VILLAGE CO 80111
Mohamed H. Gova director, other: Vice Chairman 122 NORTH MAIN STREET, SHERIDAN WY 82801
Paul Stroud director, officer: PRESIDENT & CEO 950 SEVENTEENTH STREET, SUITE 2300, DENVER CO 80202
Pierre Besuchet director 29 QUAI DES BERGUES, GENEVA V8 1201
Al Fahim Abdul Majeed Ismail director 950 17TH STREET, SUITE 2300, DENVER CO 80202