iFresh (iFresh) Debt-to-Equity

: 4.24 (As of Dec. 2020)

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iFresh's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $28.91 Mil. iFresh's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $58.79 Mil. iFresh's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $20.70 Mil. iFresh's debt to equity for the quarter that ended in Dec. 2020 was 4.24.

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

IFMK's Debt-to-Equity is not ranked ^*
in the Retail - Defensive industry.
Industry Median: 0.65
* Ranked among companies with meaningful Debt-to-Equity only.

iFresh Debt-to-Equity Historical Data

The historical data trend for iFresh'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.

iFresh Annual Data

Trend

Dec14

Dec15

Mar17

Mar18

Mar19

Mar20

Debt-to-Equity

2.49

3.21

-21.39

-33.27

iFresh Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Debt-to-Equity																-86.75	-33.27	6.01	4.99	4.24

Competitive Comparison

For the Grocery Stores subindustry, iFresh'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.

iFresh Debt-to-Equity Distribution

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

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

iFresh Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

iFresh's Debt to Equity Ratio for the fiscal year that ended in Mar. 2020 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
	=	(25.795	+	59.054)	/	-2.55
	=	-33.27

iFresh's Debt to Equity Ratio for the quarter that ended in Dec. 2020 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
	=	(28.909	+	58.793)	/	20.702
	=	4.24

iFresh (OTCPK:IFMK) 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.

iFresh Debt-to-Equity Related Terms

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iFresh (iFresh) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » iFresh Inc (OTCPK:IFMK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-39 54th Avenue, Long Island City, NY, USA

Website

http://www.ifreshmarket.com

iFresh Inc is an Asian/Chinese grocery supermarket chain in the North-Eastern U.S. providing food and other merchandise hard to find in mainstream grocery stores. The company has two reportable and operating segments: Retail segment and Wholesale segment. It offers seafood, vegetables, meat, fruit, frozen goods, groceries, and bakery products through its retail stores. The company generates a majority of its revenue from its retail segment.

Executives

Fei Zhang	10 percent owner	NO. 136-30 YUE JIN VILLAGE DA DU KOU DISTRICT CHONG QING CITY F4 400080
Ping Zhou	director, 10 percent owner	51 RENMIN SOUTH ROAD BUILDING 3, UNIT 3, ROOM 501 WUHOU DISTRICT CHENGDU SICHUAN F4 610041
Jay Walder	director	2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Long Yi	officer: Chief Financial Officer	NO. 1688, YUNLI ROAD, TONLGI, WUJIANG, JIANGSU PROVINCE F4 0000000000
Long Deng	director, 10 percent owner, officer: CEO, COO & Chairman of Board	2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Lilly Deng	director, 10 percent owner, officer: VP of Legal and Finance	2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Hk Xu Ding Co., Ltd	10 percent owner	UNIT 5, 27/F., RICHMOND COMM. BLDG. 109 ARGYLE STREET, MONGKOK, KOWLOON HONG KONG K3 0000000
Junfeng Liu	10 percent owner	UNIT 5, 27/F., RICHMOND COMM. BLDG. 109 ARGYLE STREET MONGKOK, KOWLOON K3 00000
Harvey Leibowitz	director
Mark Fang	director	2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Xin He	officer: Chief Financial Officer	32000 AURORA ROAD, SUITE B, SOLON OH 44139
Jianming You	director	2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Amy He	officer: Chief Financial Officer	8TH FLOOR BLOCK 8 AOLINJIATAI BLDG, 1 KEHUIQIAN ST, CHAOYANG DISTRICT, BEIJING F4 00000
Xiangke Fang	director	2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Henry Chang-yu Lee	director	300 BOSTON POST ROAD WEST HAVEN CT 06516