iFabric (iFabric) Debt-to-Equity : 0.07 (As of Jun. 2023)

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What is iFabric Debt-to-Equity?

iFabric's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.83 Mil. iFabric's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.40 Mil. iFabric's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $17.63 Mil. iFabric's debt to equity for the quarter that ended in Jun. 2023 was 0.07.

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

IFABF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.18 Max: 0.4
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of iFabric was 0.40. The lowest was 0.07. And the median was 0.18.

IFABF's Debt-to-Equity is ranked better than
84.72% of 936 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs IFABF: 0.07

iFabric Debt-to-Equity Historical Data

The historical data trend for iFabric'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.

iFabric Debt-to-Equity Chart

iFabric Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Debt-to-Equity

Get a 7-Day Free Trial

0.31

0.17

0.19

0.20

0.08

iFabric Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.08	0.08	0.07	0.07

Competitive Comparison of iFabric's Debt-to-Equity

For the Apparel Manufacturing subindustry, iFabric'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.

iFabric's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, iFabric's Debt-to-Equity distribution charts can be found below:

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

iFabric Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

iFabric's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(0.983	+	0.435)	/	17.573
	=	0.08

iFabric's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.826	+	0.402)	/	17.625
	=	0.07

iFabric (OTCPK:IFABF) 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.

iFabric Debt-to-Equity Related Terms

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iFabric (iFabric) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » iFabric Corp (OTCPK:IFABF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IFA:Canada

Address

525 Denison Street, Unit 1, Markham, ON, CAN, L3R 1B8

Website

https://www.ifabriccorp.com

iFabric Corp is engaged in the business of women's intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women's intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes innovative products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties. Its geographical segments include Canada, United States, United Kingdom, and Southeast Asia & others. The company derives the majority of its revenue from the Intimate apparel segment and its geographical location of Canada.