Calavo Growers (Calavo Growers) Debt-to-Equity : 0.35 (As of Jan. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Calavo Growers Debt-to-Equity?

Calavo Growers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $5.2 Mil. Calavo Growers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $65.9 Mil. Calavo Growers's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $201.1 Mil. Calavo Growers's debt to equity for the quarter that ended in Jan. 2024 was 0.35.

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

CVGW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.27 Max: 0.6
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of Calavo Growers was 0.60. The lowest was 0.02. And the median was 0.27.

CVGW's Debt-to-Equity is ranked better than
64.75% of 278 companies
in the Retail - Defensive industry
Industry Median: 0.645 vs CVGW: 0.35

Calavo Growers Debt-to-Equity Historical Data

The historical data trend for Calavo 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.

Calavo Growers Debt-to-Equity Chart

Calavo Growers Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.36

0.48

0.30

0.47

Calavo Growers Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.37	0.40	0.47	0.47	0.35

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

For the Food Distribution subindustry, Calavo 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.

Calavo Growers's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Calavo Growers's Debt-to-Equity distribution charts can be found below:

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

Calavo Growers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Calavo Growers's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(9.313	+	89.48)	/	208.837
	=	0.47

Calavo Growers's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(5.211	+	65.856)	/	201.131
	=	0.35

Calavo Growers (NAS:CVGW) 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.

Calavo Growers Debt-to-Equity Related Terms

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

Calavo Growers (Calavo Growers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Calavo Growers Inc (NAS:CVGW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1141-A Cummings Road, Santa Paula, CA, USA, 93060

Website

http://www.calavo.com

Calavo Growers Inc is in the avocado industry and an expanding provider of value-added fresh food. It sells avocados to a group of supermarket chains, wholesalers, food service and other distributors, under brand labels, as well as private labels. The company procures avocados from California, Mexico and other growing regions around the world. Calavo is segmented into three segments namely, Fresh products; Calavo Foods; and RFG. The company derives its revenue from its Fresh products segment.

Executives

Michael A Browne	officer: VP-Fresh Operations	C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Paul Alan Harrison	officer: Executive Vice President	C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Steve Hollister	director	751 BEAR CANYON LANE, ARROYO GRANDE CA 93420
Lecil E Cole	director, 10 percent owner, officer: Chairman of Board, CEO & Pres
James D Helin	director	1141A CUMMINGS RD, SANTA PAULA CA 93036
Helen Kurtz	officer: SVP and GM - Prepared	C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Danny Dumas	officer: SVP & GM Grown	C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Shawn Munsell	officer: Chief Financial Officer	C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Graciela Montgomery	officer: Chief Human Resources Officer	C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD, SANTA PAULA CA 93060
Brian W Kocher	officer: Chief Executive Officer	1141-A CUMMINGS ROAD, SANTA PAULA CA 93060
Adriana Mendizabal	director	C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Mariela Irene Matute	officer: Chief Financial Officer	1141-A CUMMINGS RD., SANTA PAULA CA 93060
Donald M Sanders	director	2530 RED HILL AVE, SANTA ANA CA 92705
Michael Anthony Digregorio	director	C/O IRONCLAD PERFORMANCE WEAR CORP., 2201 PARK PLACE, SUITE 101, EL SEGUNDO CA 90245
Robert J Wedin	officer: VP Sales & Fresh Marketing	1141A CUMMINGS ROAD, SANTA PAULA CA 93060