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Blue Biofuels (Blue Biofuels) Debt-to-Equity : -0.99 (As of Dec. 2023)


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What is Blue Biofuels Debt-to-Equity?

Blue Biofuels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.44 Mil. Blue Biofuels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.09 Mil. Blue Biofuels's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-3.56 Mil. Blue Biofuels's debt to equity for the quarter that ended in Dec. 2023 was -0.99.

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

BIOF' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.05   Med: -0.97   Max: 3.49
Current: -0.99

During the past 11 years, the highest Debt-to-Equity Ratio of Blue Biofuels was 3.49. The lowest was -2.05. And the median was -0.97.

BIOF's Debt-to-Equity is not ranked
in the Chemicals industry.
Industry Median: 0.35 vs BIOF: -0.99

Blue Biofuels Debt-to-Equity Historical Data

The historical data trend for Blue Biofuels'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.

Blue Biofuels Debt-to-Equity Chart

Blue Biofuels Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.97 -0.99 -2.05 -1.26 -0.99

Blue Biofuels Quarterly Data
Dec17 Mar18 Jun18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.26 -1.34 -1.11 -1.12 -0.99

Competitive Comparison of Blue Biofuels's Debt-to-Equity

For the Specialty Chemicals subindustry, Blue Biofuels'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.


Blue Biofuels's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Blue Biofuels's Debt-to-Equity distribution charts can be found below:

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



Blue Biofuels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blue Biofuels's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Blue Biofuels's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Blue Biofuels  (OTCPK:BIOF) 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.


Blue Biofuels Debt-to-Equity Related Terms

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


Blue Biofuels (Blue Biofuels) Business Description

Traded in Other Exchanges
N/A
Address
3710 Buckeye Street, Suite 120, Palm Beach Gardens, FL, USA, 33410
Blue Biofuels Inc is a technology company focused on emerging technologies in the renewable energy, biofuels, and new technologies sectors. It developed a technology system called Cellulose-to-Sugar 2.0 (CTS 2.0) which is a mechanical/chemical dry process for converting cellulose material into sugar for use in the biofuels industry. It can convert any cellulosic material like grasses, wood, paper, farm waste, yard waste, forestry products, energy crops like hemp or King Grass, and the cellulosic portion of municipal solid waste into sugars and lignin, and subsequently into biofuels and bioplastics. This system produces sugar and chemically unmodified lignin among other by-products. The sugar can then be further converted into biofuels and the lignin into bioplastics.
Executives
Chris J Kneppers director NO 102 GRANDVIEW AVE, HOPEWELL NJ 08525
Benjamin Slager director, 10 percent owner, officer: CEO 165 SE 1ST AVE, DELRAY BEACH, FL 33444
Peter Zimeri director 1030 CITRUS WAY APT 104, DELRAY BEACH FL 33445
Edmund J Burke director 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Anthony Ii Santelli director, 10 percent owner, officer: CFO 9334 AMBER WOOD DRIVE, KIRTLAND OH 44094
Christopher J Jemapete 10 percent owner 6888 SOUTH IRVINGTON COURT, AURORA CO 80016
Pamela B Jemapete 10 percent owner 6888 SOUTH IRVINGTON COURT, AURORA CO 80016
George Bolton director 400 N. CONGRESS AVE, SUITE 130, WEST PALM BEACH FL 33401
Charles Sills director 400 N. CONGRESS AVE, SUITE 130, WEST PALM BEACH FL 33401
Liege Daniel De director, 10 percent owner, officer: President 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Joseph Mcnaney director 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Richard Cohen officer: CFO C/O DUNE ENERGY, INC., TWO SHELL PLAZA, 777 WALKER STREET, SUITE 2300, HOUSTON TX 77002
Amg Energy Solutions, Inc. 10 percent owner 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Mark W. Koch director, 10 percent owner 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
W. Johan Sturm 10 percent owner 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401

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