AMMJ (American Cannabis Co) Debt-to-Equity: -1.51 (As of Jun. 2024)

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AMMJ American Cannabis Co Inc AMMJ
12 GF Score
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What is American Cannabis Co Debt-to-Equity?

American Cannabis Co AMMJ -50.00% 12 Debt-to-Equity is -1.51 as of Jun. 2024. GuruFocus rates AMMJ with a GF Score™ of 12/100.

American Cannabis Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.40 Mil. American Cannabis Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.56 Mil. American Cannabis Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-0.64 Mil. American Cannabis Co's debt to equity for the quarter that ended in Jun. 2024 was -1.51.

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 American Cannabis Co's Debt-to-Equity or its related term are showing as below:

AMMJ's Debt-to-Equity is not ranked *
in the Tobacco Products industry.
Industry Median: 0.37
* Ranked among companies with meaningful Debt-to-Equity only.

American Cannabis Co  (OTCPK:AMMJ) 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.

American Cannabis Co Debt-to-Equity Related Terms

American Cannabis Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for American Cannabis Co'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.

American Cannabis Co Debt-to-Equity Chart

American Cannabis Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.07 0.56 0.70 580.00

American Cannabis Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.97 0.90 580.00 -8.50 -1.51

AMMJ vs CBDW, PM, MO: Debt-to-Equity Comparison

For the Tobacco subindustry, American Cannabis Co'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.

American Cannabis Co Debt-to-Equity vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, American Cannabis Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where American Cannabis Co's Debt-to-Equity falls into.


AMMJ
12GF Score
American Cannabis Co Inc AMMJ
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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American Cannabis Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

American Cannabis Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(0.5 + 0.66) / 0.002
=580.00

American Cannabis Co's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
=(0.399 + 0.561) / -0.636
=-1.51

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -1.51 mean?
American Cannabis Co (AMMJ) has a Debt-to-Equity of -1.51 as of Jun. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on American Cannabis Co and its competitors.
Is American Cannabis Co's Debt-to-Equity too high?
American Cannabis Co's current Debt-to-Equity is -1.51. Overall, American Cannabis Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does American Cannabis Co's Debt-to-Equity compare to CBDW and PM?
American Cannabis Co's Debt-to-Equity of -1.51 can be compared against companies in the Tobacco Products industry. The industry median Debt-to-Equity is 0.37. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Tobacco Products company?
The median Debt-to-Equity among Tobacco Products companies is 0.37, based on 35 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on American Cannabis Co and its competitors. For the Tobacco Products industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Cannabis Co's current Debt-to-Equity is -1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Cannabis Co stock overvalued right now?
American Cannabis Co (AMMJ) has a current Debt-to-Equity of -1.51. The current Debt-to-Equity is -1.51. American Cannabis Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For American Cannabis Co (AMMJ), the current Debt-to-Equity is -1.51 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Cannabis Co Business Description

Address 1004 Tejon Street, Colorado Springs, CO, USA, 80903
American Cannabis Co Inc is engaged in the cannabis industry that features end-to-end solutions for businesses operating in the regulated cannabis industry in states and countries where cannabis is regulated and/or has been decriminalized for medical use and/or legalized for recreational use. It provides advisory and consulting services specific to this industry, designs industry-specific products and facilities, and manages a strategic group partnership that offers both exclusive and non-exclusive customer products commonly used in the industry. It is a licensed operator of two medical cannabis dispensaries and a cannabis cultivation facility in Colorado Springs, CO.
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