GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » SheerVision Inc (OTCPK:SVSO) » Definitions » Debt-to-Equity

SheerVision (SheerVision) Debt-to-Equity : -0.11 (As of May. 2010)


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

What is SheerVision Debt-to-Equity?

SheerVision's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2010 was $0.09 Mil. SheerVision's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2010 was $0.00 Mil. SheerVision's Total Stockholders Equity for the quarter that ended in May. 2010 was $-0.88 Mil. SheerVision's debt to equity for the quarter that ended in May. 2010 was -0.11.

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

SVSO's Debt-to-Equity is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.22
* Ranked among companies with meaningful Debt-to-Equity only.

SheerVision Debt-to-Equity Historical Data

The historical data trend for SheerVision'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.

SheerVision Debt-to-Equity Chart

SheerVision Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Aug06 Aug07 Aug08 Aug09
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.60 -0.13

SheerVision Quarterly Data
Jun05 Sep05 Dec05 Mar06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.18 -0.13 -0.11 -0.08 -0.11

Competitive Comparison of SheerVision's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, SheerVision'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.


SheerVision's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SheerVision's Debt-to-Equity distribution charts can be found below:

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



SheerVision Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SheerVision's Debt to Equity Ratio for the fiscal year that ended in Aug. 2009 is calculated as

SheerVision's Debt to Equity Ratio for the quarter that ended in May. 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.


SheerVision  (OTCPK:SVSO) 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.


SheerVision Debt-to-Equity Related Terms

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


SheerVision (SheerVision) Business Description

Traded in Other Exchanges
N/A
Address
4030 Palos Verdes Drive N., Suite 104, Rolling Hills, CA, USA, 90274
SheerVision Inc designs, manufactures, markets, and sells proprietary surgical loupes and headlight systems to the dental, medical, and veterinary markets throughout the world. The company sells its products through distributors and e-commerce Website.

SheerVision (SheerVision) Headlines

No Headlines