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The Alkaline Water Co (The Alkaline Water Co) Debt-to-Equity

: -1.02 (As of Jun. 2023)
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The Alkaline Water Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $8.25 Mil. The Alkaline Water Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.02 Mil. The Alkaline Water Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-8.08 Mil. The Alkaline Water Co's debt to equity for the quarter that ended in Jun. 2023 was -1.02.

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 Alkaline Water Co's Debt-to-Equity or its related term are showing as below:

WTER' s Debt-to-Equity Range Over the Past 10 Years
Min: -18.61   Med: 0.78   Max: 23.99
Current: -1.02

During the past 12 years, the highest Debt-to-Equity Ratio of The Alkaline Water Co was 23.99. The lowest was -18.61. And the median was 0.78.

WTER's Debt-to-Equity is not ranked
in the Beverages - Non-Alcoholic industry.
Industry Median: 0.27 vs WTER: -1.02

The Alkaline Water Co Debt-to-Equity Historical Data

The historical data trend for The Alkaline Water 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 Alkaline Water Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 4.56 0.47 23.99 -1.83

The Alkaline Water Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.09 2.40 5.75 -1.83 -1.02

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, The Alkaline Water 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 Alkaline Water Co Debt-to-Equity Distribution

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, The Alkaline Water Co's Debt-to-Equity distribution charts can be found below:

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



The Alkaline Water Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Alkaline Water Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

The Alkaline Water Co's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

* 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.


The Alkaline Water Co  (OTCPK:WTER) 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 Alkaline Water Co Debt-to-Equity Related Terms

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


The Alkaline Water Co (The Alkaline Water Co) Business Description

Traded in Other Exchanges
N/A
Address
8541 E. Anderson Drive, Suite 100, Scottsdale, AZ, USA, 85255
Alkaline Water Co Inc is engaged in the business of distributing and marketing bottled alkaline water for retail consumers of different sizes. The firm sells its product in 500ml, 700ml, 1-liter, 1.5-liter 3-liter, and 1-gallon sizes. Its only operating geographical segment being the United States of America. The company sells its product to convenience stores, natural food products stores, large ethnic markets, and national retailers.
Executives
David Guarino director, officer: CFO, Secretary and Treasurer 19039 N. 90TH LANE, PEORIA AZ 85382
Brian Sudano director 11 WOODWAY LANE, WILTON CT 06897
David Eric Rauch director 16767 N PERIMETER DRIVE, SUITE 320, SCOTTSDALE AZ 85260
Frank Thomas Chessman officer: CEO and President 347 SOUTH SILVERBROOK DRIVE, ANAHEIM CA 92807
Frank Lazaran director 6809 LAHONTAN DRIVE, FORTH WORTH TX 76132
Ronald V Davella director 2600 E SOUTHLAKE BLVD., STE 120-359, SOUTHLAKE TX 76092
Aaron Keay other: Former Director 7325 BLENHEIM STREET, VANCOUVER A1 V6N 1S2
Richard A Wright director, officer: President, VP, CEO and COO 1826 E. LAKECREST DRIVE, SCOTTSDALE AZ 85234
Bruce Thomas Leitch director 109 1141 W7TH AVE, VANCOUVER BC A1 999999999
Lifewater Industries, Llc 10 percent owner 14301 NORTH 87 STREET, SUITE 301, SCOTTSDALE AZ 85260
Win Investments, Llc 10 percent owner 14301 NORTH 87 STREET SUITE 301, SCOTTSDALE AZ 85260
Steven Paul Nickolas director, 10 percent owner, officer: President CEO Chairman 14301 N. 87TH ST. STE 301, SCOTTSDALE AZ 85260