Switch to:
Neptune Technologies & Bioressources Inc  (NAS:NEPT) Debt-to-Equity: 0.36 (As of Jun. 2017)

Neptune Technologies & Bioressources Inc's Current Portion of Long-Term Debt for the quarter that ended in Jun. 2017 was $5.64 Mil. Neptune Technologies & Bioressources Inc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $11.79 Mil. Neptune Technologies & Bioressources Inc's Total Equity for the quarter that ended in Jun. 2017 was $48.71 Mil. Neptune Technologies & Bioressources Inc's debt to equity for the quarter that ended in Jun. 2017 was 0.36.

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.

NAS:NEPT' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.59   Max: 21.54
Current: 0.36

-9.59
21.54

During the past 13 years, the highest Debt-to-Equity Ratio of Neptune Technologies & Bioressources Inc was 21.54. The lowest was -9.59. And the median was 0.38.

NAS:NEPT's Debt-to-Equity is ranked lower than
56% of the 487 Companies
in the Global industry.

( Industry Median: 0.27 vs. NAS:NEPT: 0.36 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Neptune Technologies & Bioressources Inc Annual Data

May05 May06 May07 May08 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.21 0.03 0.20 0.26

Neptune Technologies & Bioressources Inc Quarterly Data

May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Jun17
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 0.52 0.56 0.51 0.41 0.36

Competitive Comparison
* 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.


Calculation

Debt to Equity measures the financial leverage a company has.

Neptune Technologies & Bioressources Inc's Debt to Equity Ratio for the fiscal year that ended in Feb. 2015 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(0.432034562765 + 11.2064965197) / 44.2307384591
=0.26

Neptune Technologies & Bioressources Inc's Debt to Equity Ratio for the quarter that ended in Jun. 2017 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(5.63745769086 + 11.793907484) / 48.7145543437
=0.36

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation divided by Total 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.


Related Terms


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK