Steakholder Foods (Steakholder Foods) Debt-to-Equity : 0.48 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Steakholder Foods Debt-to-Equity?

Steakholder Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.36 Mil. Steakholder Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.46 Mil. Steakholder Foods's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5.88 Mil. Steakholder Foods's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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

MTTCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.28 Max: 0.64
Current: 0.48

During the past 13 years, the highest Debt-to-Equity Ratio of Steakholder Foods was 0.64. The lowest was 0.01. And the median was 0.28.

MTTCF's Debt-to-Equity is ranked worse than
54.36% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs MTTCF: 0.48

Steakholder Foods Debt-to-Equity Historical Data

The historical data trend for Steakholder Foods'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.

Steakholder Foods Debt-to-Equity Chart

Steakholder Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.14

0.01

0.36

0.48

Steakholder Foods Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.15	0.36	4.59	0.48

Competitive Comparison of Steakholder Foods's Debt-to-Equity

For the Packaged Foods subindustry, Steakholder Foods'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.

Steakholder Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Steakholder Foods's Debt-to-Equity distribution charts can be found below:

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

Steakholder Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Steakholder Foods's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.355	+	2.456)	/	5.882
	=	0.48

Steakholder Foods's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.355	+	2.456)	/	5.882
	=	0.48

Steakholder Foods (OTCPK:MTTCF) 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.

Steakholder Foods Debt-to-Equity Related Terms

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

Steakholder Foods (Steakholder Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Steakholder Foods Ltd (OTCPK:MTTCF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

STKH:USA

Address

5 David Fikes Street, P.O. Box 4061, Rehovot, ISR, 7632805

Website

https://www.steakholderfoods.com

Steakholder Foods Ltd is a deep-tech food company. The company is cultivating meat technologies to improve meat production, simplify the meat supply chain and offer consumers a range of new product offerings. The company aims to provide an alternative to industrialized animal farming that reduces carbon footprint, minimizes water and land usage and prevents the slaughtering of animals. It is developing a novel, proprietary three-dimensional bioprinter to deposit layers of differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat. Through modular factory design, it expects to be able to offer a sustainable solution for producing a variety of beef, chicken and pork products, both as raw materials and whole cuts.