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Clean Seas Seafood (Clean Seas Seafood) Debt-to-Equity : 0.19 (As of Dec. 2023)


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What is Clean Seas Seafood Debt-to-Equity?

Clean Seas Seafood's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.69 Mil. Clean Seas Seafood's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.86 Mil. Clean Seas Seafood's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $44.72 Mil. Clean Seas Seafood's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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 Clean Seas Seafood's Debt-to-Equity or its related term are showing as below:

CTUNF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.05   Max: 0.36
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Clean Seas Seafood was 0.36. The lowest was 0.00. And the median was 0.05.

CTUNF's Debt-to-Equity is ranked better than
68.72% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs CTUNF: 0.19

Clean Seas Seafood Debt-to-Equity Historical Data

The historical data trend for Clean Seas Seafood'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.

Clean Seas Seafood Debt-to-Equity Chart

Clean Seas Seafood Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.36 0.34 0.09 0.08

Clean Seas Seafood Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.04 0.09 0.05 0.08 0.19

Competitive Comparison of Clean Seas Seafood's Debt-to-Equity

For the Farm Products subindustry, Clean Seas Seafood'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.


Clean Seas Seafood's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Clean Seas Seafood's Debt-to-Equity distribution charts can be found below:

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



Clean Seas Seafood Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Clean Seas Seafood's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Clean Seas Seafood'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.


Clean Seas Seafood  (OTCPK:CTUNF) 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.


Clean Seas Seafood Debt-to-Equity Related Terms

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Clean Seas Seafood (Clean Seas Seafood) Business Description

Traded in Other Exchanges
Address
7 Frederick Road, Royal Park, Adelaide, SA, AUS, 5014
Clean Seas Seafood Ltd is engaged in full-cycle breeding, production, and sale of Yellowtail Kingfish. The company's operating segments are Finfish Sales and Tuna Operations. It generates a majority of its revenue from the Finfish sales segment. The fish sales segment includes Yellowtail Kingfish, Mulloway, and some wild caught Tuna. Geographically, it derives a majority of its revenue from Australia and also has a presence in Europe and Other countries.

Clean Seas Seafood (Clean Seas Seafood) Headlines