Pond Technologies Holdings (TSXV:POND) Debt-to-Equity

: -0.84 (As of Sep. 2023)

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Pond Technologies Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$1.88 Mil. Pond Technologies Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$1.78 Mil. Pond Technologies Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$-4.36 Mil. Pond Technologies Holdings's debt to equity for the quarter that ended in Sep. 2023 was -0.84.

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 Pond Technologies Holdings's Debt-to-Equity or its related term are showing as below:

TSXV:POND' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.08 Med: 0.46 Max: 95.23
Current: -0.84

During the past 13 years, the highest Debt-to-Equity Ratio of Pond Technologies Holdings was 95.23. The lowest was -6.08. And the median was 0.46.

TSXV:POND's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.4 vs TSXV:POND: -0.84

Pond Technologies Holdings Debt-to-Equity Historical Data

The historical data trend for Pond Technologies Holdings'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.

Pond Technologies Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.73

1.95

-2.13

-6.01

-1.69

Pond Technologies Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-2.48	-1.69	-1.43	-1.04	-0.84

Competitive Comparison

For the Farm Products subindustry, Pond Technologies Holdings'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.

Pond Technologies Holdings Debt-to-Equity Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pond Technologies Holdings's Debt-to-Equity distribution charts can be found below:

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

Pond Technologies Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pond Technologies Holdings'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
	=	(1.912	+	1.912)	/	-2.263
	=	-1.69

Pond Technologies Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.875	+	1.782)	/	-4.362
	=	-0.84

Pond Technologies Holdings (TSXV:POND) 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.

Pond Technologies Holdings Debt-to-Equity Related Terms

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Pond Technologies Holdings (TSXV:POND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pond Technologies Holdings Inc (TSXV:POND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PNDHF:USA 4O0:Germany

Address

250 Shields Court, Unit 8, Markham, ON, CAN, L3R 9W2

Website

https://www.pondtech.com

Pond Technologies Holdings Inc offers an algae-growing platform, which converts carbon dioxide (CO2) into algal-based commercial products. Its algae-growing platform converts the CO2 found in the untreated stack gas of industrial emitters into biofuels, animal feeds, and natural fertilizers. The Company has three reportable segments, one of which is the Nutraceutical Products segment, which includes production and consumer sales, third-party product operations, and distribution. The Technology Services segment includes royalties, microalgal biomass production, consulting, engineering services, construction of biomass production facilities, and corporate services.

Pond Technologies Holdings (TSXV:POND) Headlines

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