Major League Football (Major League Football) Debt-to-Equity : -0.17 (As of Jan. 2023)

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What is Major League Football Debt-to-Equity?

Major League Football's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was $1.96 Mil. Major League Football's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was $0.00 Mil. Major League Football's Total Stockholders Equity for the quarter that ended in Jan. 2023 was $-11.49 Mil. Major League Football's debt to equity for the quarter that ended in Jan. 2023 was -0.17.

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 Major League Football's Debt-to-Equity or its related term are showing as below:

MLFB's Debt-to-Equity is not ranked ^*
in the Media - Diversified industry.
Industry Median: 0.285
* Ranked among companies with meaningful Debt-to-Equity only.

Major League Football Debt-to-Equity Historical Data

The historical data trend for Major League Football'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.

Major League Football Debt-to-Equity Chart

Major League Football Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Debt-to-Equity

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-0.12

-0.13

-0.23

-0.21

-0.30

Major League Football Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Debt-to-Equity	Get a 7-Day Free Trial															-0.19	-0.30	-0.28	-0.16	-0.17

Competitive Comparison of Major League Football's Debt-to-Equity

For the Entertainment subindustry, Major League Football'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.

Major League Football's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Major League Football's Debt-to-Equity distribution charts can be found below:

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

Major League Football Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Major League Football's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(1.111	+	0)	/	-3.659
	=	-0.30

Major League Football's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(1.96	+	0)	/	-11.494
	=	-0.17

Major League Football (OTCPK:MLFB) 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.

Major League Football Debt-to-Equity Related Terms

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

Major League Football (Major League Football) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Major League Football Inc (OTCPK:MLFB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

15515 Lemon Fish Drive, Lakewood Ranch, FL, USA, 34202

Website

http://www.mlfb.com

Major League Football Inc is a United States-based company engaged in the operation of a professional spring football league. It is seeking to establish, develop and operate Major League Football (MLFB) as a professional spring football league in the United States.

Executives

Richard E. Nichols	officer: Chief Operating Officer	22106 N LAS POSITAS DRIVE, SUN CITY WEST AZ 85375
Stephen Thomas Videtich	officer: VP Team Interface	6317 W. CEDAR HILL RD., WEST JORDAN UT 84081
Paul Mccarthy Michael	officer: SVP Football Operations	8349 COTTAGE ROAD P.O. BOX 65, BRANTINGHAM NY 13312
William George Lyons	officer: Chief Marketing Officer	178 LAKESHORE DRIVE, MOORESVILLE NC 28117
Kevin Dean Mclenithan	officer: VP Sales, Marketing and IR	12011 MOUNTBATTEN DR, TAMPA FL 33626
Gregory Francis Campbell	officer: Chief Financial Officer	511 ISLAND WAY, CLEARWATER FL 33767
John Joseph Coyne	director, officer: Executive Vice President	9822 NEW PARKE RD, TAMPA FL 33626
Britt Terrell Jennings	10 percent owner	917 FAIRWAY DRIVE, MONROE GA 30655
Francis J. Murtha	officer: Senior Executive Vice Pres	7319 RIVIERA COVE #7, LAKEWOOD RANCH FL 34202
Sully Ivory Ulysses Iii	officer: VP - Licensing	6609 LEAFWOOD DRIVE, ANAHEIM CA 92807
Chandler Wesley S. Ii	officer: President, Secretary	328 HEMLEB COURT, PINOLE CA 94564
Thomas Joseph Marino	director, officer: Exec. Chmn. of the Board	354 CADDO DRIVE, MADISONVILLE LA 70447
Richard Smith	officer: Chief Operating Officer	15 BROOKSIDE AVE., WESTPORT MA 02790
Elliot Bellen	10 percent owner	11985 SOUTHERN BOULEVARD, SUITE 191, ROYAL PALM BEACH FL 33411
New Bastion Development, Inc.	10 percent owner	125 SOUTH STATE ROAD 7, SUITE 104-275, WELLINGTON FL 33414