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Whetstone Minerals (Whetstone Minerals) Debt-to-Equity : 0.00 (As of Jun. 2014)


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What is Whetstone Minerals Debt-to-Equity?

Whetstone Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was $0.00 Mil. Whetstone Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was $0.00 Mil. Whetstone Minerals's Total Stockholders Equity for the quarter that ended in Jun. 2014 was $1.35 Mil. Whetstone Minerals's debt to equity for the quarter that ended in Jun. 2014 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 Whetstone Minerals's Debt-to-Equity or its related term are showing as below:

WMITF'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.

Whetstone Minerals Debt-to-Equity Historical Data

The historical data trend for Whetstone Minerals'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.

Whetstone Minerals Debt-to-Equity Chart

Whetstone Minerals Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-Equity
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Whetstone Minerals Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Competitive Comparison of Whetstone Minerals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Whetstone Minerals'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.


Whetstone Minerals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



Whetstone Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Whetstone Minerals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Whetstone Minerals's Debt to Equity Ratio for the quarter that ended in Jun. 2014 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.


Whetstone Minerals  (OTCPK:WMITF) 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.


Whetstone Minerals Debt-to-Equity Related Terms

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


Whetstone Minerals (Whetstone Minerals) Business Description

Traded in Other Exchanges
N/A
Address
Whetstone Minerals Limited is an exploration stage company engaged in the business of mineral exploration.

Whetstone Minerals (Whetstone Minerals) Headlines

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