The Greenrose Holding Co (The Greenrose Holding Co) Debt-to-Equity : 9.76 (As of Sep. 2022)

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What is The Greenrose Holding Co Debt-to-Equity?

The Greenrose Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $132.32 Mil. The Greenrose Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $9.57 Mil. The Greenrose Holding Co's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $14.53 Mil. The Greenrose Holding Co's debt to equity for the quarter that ended in Sep. 2022 was 9.76.

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 The Greenrose Holding Co's Debt-to-Equity or its related term are showing as below:

GNRSU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 27.44
Current: 9.76

During the past 3 years, the highest Debt-to-Equity Ratio of The Greenrose Holding Co was 27.44. The lowest was 0.01. And the median was 0.08.

GNRSU's Debt-to-Equity is not ranked
in the Drug Manufacturers industry.
Industry Median: 0.28 vs GNRSU: 9.76

The Greenrose Holding Co Debt-to-Equity Historical Data

The historical data trend for The Greenrose Holding Co'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.

The Greenrose Holding Co Debt-to-Equity Chart

The Greenrose Holding Co Annual Data

Trend

Dec19

Dec20

Dec21

Debt-to-Equity

27.44

0.14

1.57

The Greenrose Holding Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial								0.02	1.57	1.77	2.38	9.76

Competitive Comparison of The Greenrose Holding Co's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, The Greenrose Holding Co'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.

The Greenrose Holding Co's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, The Greenrose Holding Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Greenrose Holding Co's Debt-to-Equity falls into.

The Greenrose Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Greenrose Holding Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(108.656	+	0)	/	69.083
	=	1.57

The Greenrose Holding Co's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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
	=	(132.317	+	9.573)	/	14.533
	=	9.76

The Greenrose Holding Co (OTCPK:GNRSU) 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.

The Greenrose Holding Co Debt-to-Equity Related Terms

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The Greenrose Holding Co (The Greenrose Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » The Greenrose Holding Co (OTCPK:GNRSU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Broadway, Amityville, NY, USA, 11701

Website

https://www.greenrosecorp.com

The Greenrose Holding Co is engaged in the manufacture and processing of cannabis in the adult-use and medical cannabis marketplace in Connecticut and Arizona.

Executives

Bernard Wang	officer: CHIEF FINANCIAL OFFICER	5575 TERRACE DR., LA CRESCENTA CA 91214
Benjamin Rose	director	10115 JEFFERSON BOULEVARD, CULVER CITY CA 90232
True Harvest, Llc	10 percent owner	4216 N. 43RD STREET, PHOENIX AZ 85018
Michael Macchiaroli	10 percent owner	4216 N. 43RD STREET, PHOENIX AZ 85018
Scott Jeffrey Cohen	officer: Chief Financial Officer	C/O GREENROSE ASSOCIATES LLC, 111 BROADWAY, AMITYVILLE NY 11701
Greenrose Associates Llc	10 percent owner	1000 WESTBURY AVENUE, WESTBURY NY 11590
Steven Francis Cummings	director, 10 percent owner	1000 WOODBURY ROAD, SUITE 212, WOODBURY NY 11797
Daniel Patrick Harley	director, 10 percent owner, officer: Executive Vice-President	1000 WOODBURY ROAD, SUITE 212, WOODBURY NY 11797
John Iii Torrance	director, 10 percent owner	1000 WOODBURY ROAD, WOODBURY NY 11797
Thomas J Megale	director	1000 WOODBURY ROAD, SUITE #212, WOODBURY NY 11797
John Falcon	director, 10 percent owner	1000 WOODBURY ROAD, SUITE #212, WOODBURY NY 11797
Jeffrey Stegner	10 percent owner, officer: Chief Financial Officer	1000 WOODBURY ROAD, SUITE #212, WOODBURY NY 11797
Brendan Sheehan	director, 10 percent owner, officer: Executive Vice-President	1000 WOODBURY ROAD, SUITE #212, WOODBURY NY 11797
William Iii Harley	director, 10 percent owner, officer: Chief Executive Officer	1000 WOODBURY ROAD, WOODBURY NY 11797
Paul Otto Wimer	10 percent owner, officer: President	1000 WOODBURY ROAD, SUITE #212, WOODBURY NY 11797