Western Sierra Resource (Western Sierra Resource) Debt-to-Equity : 0.01 (As of Sep. 2008)

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What is Western Sierra Resource Debt-to-Equity?

Western Sierra Resource's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.11 Mil. Western Sierra Resource's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.00 Mil. Western Sierra Resource's Total Stockholders Equity for the quarter that ended in Sep. 2008 was $20.00 Mil. Western Sierra Resource's debt to equity for the quarter that ended in Sep. 2008 was 0.01.

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 Western Sierra Resource's Debt-to-Equity or its related term are showing as below:

WSRC's Debt-to-Equity is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 0.3
* Ranked among companies with meaningful Debt-to-Equity only.

Western Sierra Resource Debt-to-Equity Historical Data

The historical data trend for Western Sierra Resource'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.

Western Sierra Resource Debt-to-Equity Chart

Western Sierra Resource Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Debt-to-Equity

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0.73

0.40

0.06

0.11

Western Sierra Resource Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Debt-to-Equity	Get a 7-Day Free Trial															0.11	0.11	0.13	0.01	0.01

Competitive Comparison of Western Sierra Resource's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Western Sierra Resource'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.

Western Sierra Resource's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Western Sierra Resource's Debt-to-Equity distribution charts can be found below:

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

Western Sierra Resource Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Western Sierra Resource's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.207	+	0)	/	1.827
	=	0.11

Western Sierra Resource's Debt to Equity Ratio for the quarter that ended in Sep. 2008 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
	=	(0.107	+	0)	/	20.002
	=	0.01

Western Sierra Resource (OTCPK:WSRC) 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.

Western Sierra Resource Debt-to-Equity Related Terms

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Western Sierra Resource (Western Sierra Resource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Western Sierra Resource Corp (OTCPK:WSRC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Grand Avenue, Suite 207, Glenwood Springs, CO, USA, 81602

Website

https://www.westernsierraresource.com

Western Sierra Resource Corp is a multifaceted resource company and revenue producer focused on applying and expanding its $40,500,000 water rights assets. The beneficial uses of its water rights include growing industrial hemp, manufacturing, and undertaking the related eco-friendly, high-yield, project.