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Conversion Industries (Conversion Industries) Debt-to-Equity : 0.29 (As of Jun. 2094)


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What is Conversion Industries Debt-to-Equity?

Conversion Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2094 was $3.00 Mil. Conversion Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2094 was $0.00 Mil. Conversion Industries's Total Stockholders Equity for the quarter that ended in Jun. 2094 was $10.50 Mil. Conversion Industries's debt to equity for the quarter that ended in Jun. 2094 was 0.29.

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

CVII's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Conversion Industries Debt-to-Equity Historical Data

The historical data trend for Conversion Industries'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.

Conversion Industries Debt-to-Equity Chart

Conversion Industries Annual Data
Trend Nov90 Jun91 Jun92 Jun93 Jun94
Debt-to-Equity
0.86 0.19 0.35 0.11 0.29

Conversion Industries Semi-Annual Data
Nov90 Jun92 Jun93 Jun94
Debt-to-Equity 0.86 0.35 0.11 0.29

Competitive Comparison of Conversion Industries's Debt-to-Equity

For the Asset Management subindustry, Conversion Industries'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.

Conversion Industries's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Conversion Industries's Debt-to-Equity distribution charts can be found below:

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


Conversion Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Conversion Industries's Debt to Equity Ratio for the fiscal year that ended in Jun. 2094 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
=(3 + 0) / 10.5
=0.29

Conversion Industries's Debt to Equity Ratio for the quarter that ended in Jun. 2094 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
=(3 + 0) / 10.5
=0.29

* 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.

Conversion Industries  (OTCPK:CVII) 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.

Conversion Industries Debt-to-Equity Related Terms

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

Conversion Industries (Conversion Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Conversion Industries Inc (OTCPK:CVII) » Definitions » Debt-to-Equity
Comparable Companies
RAND NPN MIW XRDC MTR NJV WISH PRDGF GROW IVITF MAB HGBL CRSWF AABVF MCVT OHAI EMI AISSF GRF RCG
Traded in Other Exchanges
N/A
Address
Website
Conversion Industries, Inc. operates as a merchant banker. The Company's principal activity is to make equity investments in companies with the intention of assisting the company in making a public offering.