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Americann (Americann) Debt-to-Equity : 1.68 (As of Dec. 2023)


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What is Americann Debt-to-Equity?

Americann's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.09 Mil. Americann's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.20 Mil. Americann's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5.54 Mil. Americann's debt to equity for the quarter that ended in Dec. 2023 was 1.68.

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

ACAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31   Med: 1.4   Max: 8.66
Current: 1.68

During the past 12 years, the highest Debt-to-Equity Ratio of Americann was 8.66. The lowest was 0.31. And the median was 1.40.

ACAN's Debt-to-Equity is ranked worse than
77.43% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs ACAN: 1.68

Americann Debt-to-Equity Historical Data

The historical data trend for Americann'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.

Americann Debt-to-Equity Chart

Americann Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.46 1.67 1.60 1.63

Americann Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 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 1.58 1.56 1.59 1.63 1.68

Competitive Comparison of Americann's Debt-to-Equity

For the Real Estate Services subindustry, Americann'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.


Americann's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Americann's Debt-to-Equity distribution charts can be found below:

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



Americann Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Americann's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Americann's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Americann  (OTCPK:ACAN) 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.


Americann Debt-to-Equity Related Terms

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


Americann (Americann) Business Description

Traded in Other Exchanges
N/A
Address
1555 Blake Street, Unit 502, Denver, CO, USA, 80202
Americann Inc is a specialized cannabis company that is developing product manufacturing and greenhouse cultivation facilities. Its business plan is based on the continued growth of the regulated marijuana market in the United States. Its flagship project is the Massachusetts Cannabis Center (MCC). It generates revenue through lease arrangements that include base rents and revenue participation fees generated from products produced at the MCC.
Executives
Benjamin J Barton director 1551 LARIMER ST., #2701, DENVER CO 80203
Strategic Capital Partners, Llc 10 percent owner 1550 LARIMER STREET, SUITE 264, DENVER CO 80202
Timothy Ryan Keogh director, officer: Chief Executive Officer 54 ACUSHNET ROAD, MATTAPOISETT MA 02739