Replenish Nutrients Holding (XCNQ:ERTH) Debt-to-Equity

: 0.29 (As of Sep. 2023)

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Replenish Nutrients Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$1.04 Mil. Replenish Nutrients Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$3.12 Mil. Replenish Nutrients Holding's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$14.29 Mil. Replenish Nutrients Holding's debt to equity for the quarter that ended in Sep. 2023 was 0.29.

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 Replenish Nutrients Holding's Debt-to-Equity or its related term are showing as below:

XCNQ:ERTH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.26 Max: 0.45
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Replenish Nutrients Holding was 0.45. The lowest was 0.01. And the median was 0.26.

XCNQ:ERTH's Debt-to-Equity is ranked better than
55.45% of 220 companies
in the Agriculture industry
Industry Median: 0.34 vs XCNQ:ERTH: 0.29

Replenish Nutrients Holding Debt-to-Equity Historical Data

The historical data trend for Replenish Nutrients Holding'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.

Replenish Nutrients Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.01

0.11

0.08

0.35

0.28

Replenish Nutrients Holding 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																0.24	0.28	0.31	0.31	0.29

Competitive Comparison

For the Agricultural Inputs subindustry, Replenish Nutrients Holding'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.

Replenish Nutrients Holding Debt-to-Equity Distribution

For the Agriculture industry and Basic Materials sector, Replenish Nutrients Holding's Debt-to-Equity distribution charts can be found below:

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

Replenish Nutrients Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Replenish Nutrients Holding'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
	=	(0.651	+	3.502)	/	14.917
	=	0.28

Replenish Nutrients Holding'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
	=	(1.042	+	3.123)	/	14.29
	=	0.29

Replenish Nutrients Holding (XCNQ:ERTH) 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.

Replenish Nutrients Holding Debt-to-Equity Related Terms

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Replenish Nutrients Holding (XCNQ:ERTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Replenish Nutrients Holding Corp (XCNQ:ERTH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VVIVF:USA 7KE:Germany

Address

Station Main, PO Box 1186, Okotoks, AB, CAN, T15 1B1

Website

https://www.replenishnutrients.com

Replenish Nutrients Holding Corp is an agriculture biotechnology company and a leading intellectual property developer of regenerative fertilizer solutions and sustainable manufacturing processes to support a farm system that prioritizes healthy soils and grower profitability. By combining a balanced source of micronized nutrients and organic matter with its proprietary blends and granulation process, Replenish has developed a sustainable alternative to synthetic fertilizers that enhances overall soil function and biology while providing valuable plant-available nutrients farmers rely upon for healthy crops.

Replenish Nutrients Holding (XCNQ:ERTH) Headlines

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