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Viridis Holdings (Viridis Holdings) Debt-to-Equity : -0.98 (As of Sep. 2021)


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What is Viridis Holdings Debt-to-Equity?

Viridis Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $2.83 Mil. Viridis Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.00 Mil. Viridis Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $-2.89 Mil. Viridis Holdings's debt to equity for the quarter that ended in Sep. 2021 was -0.98.

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 Viridis Holdings's Debt-to-Equity or its related term are showing as below:

VRDSF's Debt-to-Equity is not ranked *
in the Forest Products industry.
Industry Median: 0.49
* Ranked among companies with meaningful Debt-to-Equity only.

Viridis Holdings Debt-to-Equity Historical Data

The historical data trend for Viridis Holdings'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.

Viridis Holdings Debt-to-Equity Chart

Viridis Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 -0.96 -1.00 -0.99 -0.99

Viridis Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -0.99 -0.99 -0.99 -0.98 -0.98

Competitive Comparison of Viridis Holdings's Debt-to-Equity

For the Lumber & Wood Production subindustry, Viridis Holdings'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.


Viridis Holdings's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Viridis Holdings's Debt-to-Equity distribution charts can be found below:

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



Viridis Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Viridis Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Viridis Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2021 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.


Viridis Holdings  (OTCPK:VRDSF) 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.


Viridis Holdings Debt-to-Equity Related Terms

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


Viridis Holdings (Viridis Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1075 West Georgia Street, Suite 1650, Vancouver, BC, CAN, V6E 3C9
Viridis Holdings Corp has no operations.

Viridis Holdings (Viridis Holdings) Headlines

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