Bettermoo(d) Food (XCNQ:MOOO) Debt-to-Equity

: N/A (As of Oct. 2023)

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Bettermoo(d) Food's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.09 Mil. Bettermoo(d) Food's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. Bettermoo(d) Food's Total Stockholders Equity for the quarter that ended in Oct. 2023 was C$0.00 Mil.

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 Bettermoo(d) Food's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Bettermoo(d) Food was 0.90. The lowest was -0.62. And the median was -0.10.

XCNQ:MOOO's Debt-to-Equity is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

Bettermoo(d) Food Debt-to-Equity Historical Data

The historical data trend for Bettermoo(d) Food'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.

Bettermoo(d) Food Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

-0.10

-0.11

-0.20

-0.32

0.18

Bettermoo(d) Food Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Oct22	Jan23	Apr23	Oct23
Debt-to-Equity																0.03	-0.19	0.30	0.12	N/A

Competitive Comparison

For the Packaged Foods subindustry, Bettermoo(d) Food'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.

Bettermoo(d) Food Debt-to-Equity Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bettermoo(d) Food's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bettermoo(d) Food's Debt-to-Equity falls into.

Bettermoo(d) Food Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bettermoo(d) Food's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(0.043	+	0.015)	/	0.322
	=	0.18

Bettermoo(d) Food's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(0.087	+	0)	/	0
	=	N/A

Bettermoo(d) Food (XCNQ:MOOO) 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.

Bettermoo(d) Food Debt-to-Equity Related Terms

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Bettermoo(d) Food (XCNQ:MOOO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bettermoo(d) Food Corp (XCNQ:MOOO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MOOOF:USA 0I5A:Germany

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

https://www.bettermoo.com

Bettermoo(d) Food Corp is a Nut-based dairy alternative company driven by the motto What A Cow Eats and A Human Needs. Based in Vancouver, It offers plant-based dairy alternatives infused with a proprietary blend of herbs and environmentally conscious and vegan food. Its products comprise plant-based Buetter (Butter), Moogurt (Yogurt), Cheese, Ice Cream, Sour Cream, and Creme Fraiche. The company is focused on delivering high-quality products through online and in-store retail platforms. It utilizes social media to deliver educational experiences for its customer base while demonstrating - pioneering beverage technologies.

Bettermoo(d) Food (XCNQ:MOOO) Headlines

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