Affinity Beverage Group (Affinity Beverage Group) Debt-to-Equity : 1.07 (As of Sep. 2006)

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What is Affinity Beverage Group Debt-to-Equity?

Affinity Beverage Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2006 was $0.23 Mil. Affinity Beverage Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2006 was $0.00 Mil. Affinity Beverage Group's Total Stockholders Equity for the quarter that ended in Sep. 2006 was $0.21 Mil. Affinity Beverage Group's debt to equity for the quarter that ended in Sep. 2006 was 1.07.

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 Affinity Beverage Group's Debt-to-Equity or its related term are showing as below:

ABVG's Debt-to-Equity is not ranked ^*
in the Beverages - Non-Alcoholic industry.
Industry Median: 0.27
* Ranked among companies with meaningful Debt-to-Equity only.

Affinity Beverage Group Debt-to-Equity Historical Data

The historical data trend for Affinity Beverage Group'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.

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Affinity Beverage Group Debt-to-Equity Chart

Affinity Beverage Group Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Debt-to-Equity

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0.09

0.23

Affinity Beverage Group Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Debt-to-Equity	Get a 7-Day Free Trial															0.15	0.23	0.06	0.03	1.07

Competitive Comparison of Affinity Beverage Group's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Affinity Beverage Group'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.

Affinity Beverage Group's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Affinity Beverage Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Affinity Beverage Group's Debt-to-Equity falls into.

Affinity Beverage Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Affinity Beverage Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2005 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
	=	(1.287	+	0)	/	5.583
	=	0.23

Affinity Beverage Group's Debt to Equity Ratio for the quarter that ended in Sep. 2006 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
	=	(0.225	+	0)	/	0.21
	=	1.07

Affinity Beverage Group (GREY:ABVG) 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.

Affinity Beverage Group Debt-to-Equity Related Terms

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Affinity Beverage Group (Affinity Beverage Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Affinity Beverage Group Inc (GREY:ABVG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2360 Corporate Circle, Suite 400, Henderson, NV, USA, 89074

Website

http://www.affinitybeverage.com

Affinity Beverage Group Inc is focused on branded consumer product acquisition opportunities in the health and wellness sector. The company primarily targets lifestyle brands, companies, and exclusive brand distribution rights focusing on traditional and non-traditional, healthy beverage options. It will also seek opportunities in young brands specializing in all natural/organic foods, bio-food, supplements and personal care products for strategic partnerships, distribution agreements, and potential acquisition.

Affinity Beverage Group (Affinity Beverage Group) Headlines

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