GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Green Rise Foods Inc (TSXV:GRF) » Definitions » Debt-to-Equity

Green Rise Foods (TSXV:GRF) Debt-to-Equity : 29.93 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Green Rise Foods Debt-to-Equity?

Green Rise Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$46.67 Mil. Green Rise Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.12 Mil. Green Rise Foods's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$1.56 Mil. Green Rise Foods's debt to equity for the quarter that ended in Dec. 2023 was 29.93.

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 Green Rise Foods's Debt-to-Equity or its related term are showing as below:

TSXV:GRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.43   Med: 7.14   Max: 29.93
Current: 29.93

During the past 7 years, the highest Debt-to-Equity Ratio of Green Rise Foods was 29.93. The lowest was 2.43. And the median was 7.14.

TSXV:GRF's Debt-to-Equity is ranked worse than
99.7% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs TSXV:GRF: 29.93

Green Rise Foods Debt-to-Equity Historical Data

The historical data trend for Green Rise Foods'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.

Green Rise Foods Debt-to-Equity Chart

Green Rise Foods Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 2.43 2.58 7.14 13.12 29.93

Green Rise Foods 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 13.12 17.04 9.96 8.72 29.93

Competitive Comparison of Green Rise Foods's Debt-to-Equity

For the Farm Products subindustry, Green Rise Foods'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.


Green Rise Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Rise Foods's Debt-to-Equity distribution charts can be found below:

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



Green Rise Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Green Rise Foods's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Green Rise Foods'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.


Green Rise Foods  (TSXV:GRF) 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.


Green Rise Foods Debt-to-Equity Related Terms

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


Green Rise Foods (TSXV:GRF) Business Description

Traded in Other Exchanges
N/A
Address
47 Colborne Street, Suite 301, Toronto, ON, CAN, M5E1P8
Green Rise Foods Inc is a grower of fresh produce. The company takes pride in providing high-quality, consistent and reliable products to meet the growing consumer demand for locally grown fresh produce. It seeks to optimize its operations to generate improved product quality and shelf life, expand profit margins, and provide investors with meaningful and growing returns. The seasonal operation consists of the growing, packaging, and sale of produce to majority of its customers.