Lifeist Wellness (Lifeist Wellness) Debt-to-Equity : 1.09 (As of Feb. 2024)

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What is Lifeist Wellness Debt-to-Equity?

Lifeist Wellness's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.26 Mil. Lifeist Wellness's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.61 Mil. Lifeist Wellness's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $0.80 Mil. Lifeist Wellness's debt to equity for the quarter that ended in Feb. 2024 was 1.08.

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 Lifeist Wellness's Debt-to-Equity or its related term are showing as below:

LFSWD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 1.09
Current: 1.09

During the past 13 years, the highest Debt-to-Equity Ratio of Lifeist Wellness was 1.09. The lowest was 0.00. And the median was 0.02.

LFSWD's Debt-to-Equity is ranked worse than
87.01% of 847 companies
in the Drug Manufacturers industry
Industry Median: 0.3 vs LFSWD: 1.09

Lifeist Wellness Debt-to-Equity Historical Data

The historical data trend for Lifeist Wellness'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.

Lifeist Wellness Debt-to-Equity Chart

Lifeist Wellness Annual Data

Trend

Mar14

Mar15

Aug16

Aug17

Aug18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

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0.03

0.02

0.03

0.37

Lifeist Wellness Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.08	0.37	1.09

Competitive Comparison of Lifeist Wellness's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Lifeist Wellness'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.

Lifeist Wellness's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

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

Lifeist Wellness Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lifeist Wellness's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 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
	=	(0.29	+	0.634)	/	2.523
	=	0.37

Lifeist Wellness's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(0.263	+	0.608)	/	0.803
	=	1.08

Lifeist Wellness (OTCPK:LFSWD) 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.

Lifeist Wellness Debt-to-Equity Related Terms

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Lifeist Wellness (Lifeist Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lifeist Wellness Inc (OTCPK:LFSWD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

M5B:Germany LFST:Canada

Address

18 Canso Road, Etobicoke, Toronto, ON, CAN, M9W 4L8

Website

https://www.lifeist.com

Lifeist Wellness Inc is a portfolio wellness company leveraging advancements in science and technology. Its portfolio of brands includes: CannMart Inc, a distributor of licensed and in-house branded adult-use cannabis and cannabis derived products in Canada; CannMart Marketplace Inc operates CannMart.com, an online marketplace for hemp-derived CBD and accessories in the U.S.; CannMart Labs Inc, licensed facility for BHO (butane hash oil) extraction within Canada; Findify, an artificial intelligence-powered technology platform, delivering solutions such as personalized search, recommendations, and advanced data analytics; Australian Vapes online supplier of hardware, including vaporizers, and related accessories and Mikra, a biosciences and consumer wellness company.