Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principle payments will eventually prevent the firm from borrow excessively.
In most industries, total debt may also include current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meaningful to compare total debt amounts between companies that operate within the same sector.
Baja Total Debt Assessment
Based on latest financial disclosure Baja Mining Corp has Total Debt of 10 M. This is 99.84% lower than that of Basic Materials sector, and 99.71% lower than that of Industrial Metals and Minerals industry, The Total Debt for all stocks is 99.85% higher than the company.
Filter other Stocks by Total Debt
Baja Mining Corp is rated below average in total debt category among related companies. Total debt of Industrial Metals and Minerals industry is currently estimated at about 25.36 Billion. Baja adds roughly 10 Million in total debt claiming only tiny portion of equities under Industrial Metals and Minerals industry.
Follow Baja Total Debt with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Other Baja Fundamentals