Gaby (GABLF) Debt-to-Equity

: -1.24 (As of Mar. 2023)

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Gaby's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $6.04 Mil. Gaby's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $24.68 Mil. Gaby's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $-24.71 Mil. Gaby's debt to equity for the quarter that ended in Mar. 2023 was -1.24.

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

GABLF's Debt-to-Equity is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 0.47
* Ranked among companies with meaningful Debt-to-Equity only.

Gaby Debt-to-Equity Historical Data

The historical data trend for Gaby'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.

Gaby Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.14

1.57

-0.61

11.17

-1.33

Gaby Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity																8.19	12.82	34.95	-1.33	-1.24

Competitive Comparison

For the Pharmaceutical Retailers subindustry, Gaby'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.

Gaby Debt-to-Equity Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Gaby's Debt-to-Equity distribution charts can be found below:

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

Gaby Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gaby's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(6.074	+	24.781)	/	-23.18
	=	-1.33

Gaby's Debt to Equity Ratio for the quarter that ended in Mar. 2023 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
	=	(6.04	+	24.675)	/	-24.705
	=	-1.24

Gaby (OTCPK:GABLF) 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.

Gaby Debt-to-Equity Related Terms

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Gaby (GABLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Gaby Inc (OTCPK:GABLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

579 - 3rd Steet SE, Suite 307, Medicine Hat, AB, CAN, T1A 0H2

Website

https://www.gabyinc.com

GABY Inc is a retail consolidator and the owner of Mankind Dispensary. Mankind is a well-known, and respected dispensary with deep roots in the California cannabis community operating in San Diego, California. The company curates and sells a diverse portfolio of products, including its own proprietary brands, Lulu's and Kind Republic through Mankind, manufactures Kind Republic, and distributes all its proprietary brands through its wholly owned subsidiary, GABY Manufacturing. A pioneer in the industry with a multi-vertical retail foundation, and a strong management team with experience in retail, consolidation, and cannabis, GABY is poised to grow its retail operations both organically and through acquisition.