Alliance Growers (XCNQ:ACG) Debt-to-Equity : 0.00 (As of May. 2019)

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What is Alliance Growers Debt-to-Equity?

Alliance Growers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2019 was C$0.01 Mil. Alliance Growers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2019 was C$0.00 Mil. Alliance Growers's Total Stockholders Equity for the quarter that ended in May. 2019 was C$3.05 Mil. Alliance Growers's debt to equity for the quarter that ended in May. 2019 was 0.00.

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 Alliance Growers's Debt-to-Equity or its related term are showing as below:

XCNQ:ACG's Debt-to-Equity is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 0.3
* Ranked among companies with meaningful Debt-to-Equity only.

Alliance Growers Debt-to-Equity Historical Data

The historical data trend for Alliance Growers'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.

Alliance Growers Debt-to-Equity Chart

Alliance Growers Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Debt-to-Equity

Alliance Growers Quarterly Data
	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Alliance Growers's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Alliance Growers'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.

Alliance Growers's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

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

Alliance Growers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alliance Growers's Debt to Equity Ratio for the fiscal year that ended in Aug. 2018 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	+	0)	/	2.549
	=	0.00

Alliance Growers's Debt to Equity Ratio for the quarter that ended in May. 2019 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
	=	(0.005	+	0)	/	3.053
	=	0.00

Alliance Growers (XCNQ:ACG) 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.

Alliance Growers Debt-to-Equity Related Terms

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

Alliance Growers (XCNQ:ACG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Alliance Growers Corp (XCNQ:ACG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6

Website

http://www.alliancegrowers.com

Alliance Growers Corp is a Canada based diversified cannabis company. It principally operates through the four key divisions namely, Cannabis Botany Centre, Strategic Access to Cannabis for Medical Purposes Regulations Investments, Cannabidiol Oil Supply and Distribution, and Research and Development. The company is primarily focused on the development of Cannabis Botany Centres in Canada.

Executives

Ian Davidson Lambert

Director

Alliance Growers (XCNQ:ACG) Headlines

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