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H.E.R.C. Products (H.E.R.C. Products) Debt-to-Equity : -3.18 (As of Jun. 2004)


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What is H.E.R.C. Products Debt-to-Equity?

H.E.R.C. Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2004 was $0.10 Mil. H.E.R.C. Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2004 was $0.56 Mil. H.E.R.C. Products's Total Stockholders Equity for the quarter that ended in Jun. 2004 was $-0.21 Mil. H.E.R.C. Products's debt to equity for the quarter that ended in Jun. 2004 was -3.18.

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 H.E.R.C. Products's Debt-to-Equity or its related term are showing as below:

HERC's Debt-to-Equity is not ranked *
in the Chemicals industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

H.E.R.C. Products Debt-to-Equity Historical Data

The historical data trend for H.E.R.C. Products'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.

H.E.R.C. Products Debt-to-Equity Chart

H.E.R.C. Products Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.01 0.02 0.02 3.56

H.E.R.C. Products Quarterly Data
Sep98 Dec98 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
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 1.24 9.15 3.56 6.19 -3.18

Competitive Comparison of H.E.R.C. Products's Debt-to-Equity

For the Specialty Chemicals subindustry, H.E.R.C. Products'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.


H.E.R.C. Products's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.E.R.C. Products's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where H.E.R.C. Products's Debt-to-Equity falls into.



H.E.R.C. Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

H.E.R.C. Products's Debt to Equity Ratio for the fiscal year that ended in Dec. 2003 is calculated as

H.E.R.C. Products's Debt to Equity Ratio for the quarter that ended in Jun. 2004 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.


H.E.R.C. Products  (OTCPK:HERC) 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.


H.E.R.C. Products Debt-to-Equity Related Terms

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


H.E.R.C. Products (H.E.R.C. Products) Business Description

Traded in Other Exchanges
N/A
Address
1420 Columbus Avenue, Portsmouth, VA, USA, 23704
Executives
Robert W Affholder director
John B Furman director 1420 COLUMBUS AVENUE, PORTSMOUTH VA 23704

H.E.R.C. Products (H.E.R.C. Products) Headlines