Branded Legacy (Branded Legacy) Debt-to-Equity : -0.23 (As of Dec. 2021)

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What is Branded Legacy Debt-to-Equity?

Branded Legacy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.01 Mil. Branded Legacy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.42 Mil. Branded Legacy's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $-1.87 Mil. Branded Legacy's debt to equity for the quarter that ended in Dec. 2021 was -0.23.

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 Branded Legacy's Debt-to-Equity or its related term are showing as below:

BLEG's Debt-to-Equity is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 0.3
* Ranked among companies with meaningful Debt-to-Equity only.

Branded Legacy Debt-to-Equity Historical Data

The historical data trend for Branded Legacy'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.

Branded Legacy Debt-to-Equity Chart

Branded Legacy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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-0.98

2.27

-0.14

-0.10

-0.23

Branded Legacy Quarterly Data
	Dec15	Dec16	Dec17	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Debt-to-Equity	Get a 7-Day Free Trial												-0.10	-0.14	-0.19	-0.20	-0.23

Competitive Comparison of Branded Legacy's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Branded Legacy'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.

Branded Legacy's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Branded Legacy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Branded Legacy's Debt-to-Equity falls into.

Branded Legacy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Branded Legacy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(0.014	+	0.421)	/	-1.871
	=	-0.23

Branded Legacy's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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
	=	(0.014	+	0.421)	/	-1.871
	=	-0.23

Branded Legacy (OTCPK:BLEG) 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.

Branded Legacy Debt-to-Equity Related Terms

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Branded Legacy (Branded Legacy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Branded Legacy Inc (OTCPK:BLEG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

227 West 4th Street, Unit 108, Charlotte, NC, USA, 28202

Website

https://www.brandedlegacy.com

Branded Legacy Inc is a company engaged in the development and marketing of products for the fitness and wellness markets. The company is focused on creating products for health-conscious consumers. Through its subsidiary, the company focuses on the development and marketing of hemp-based food, beverage, and healthcare products including hemp coffee, hemp water, and hemp-based skincare products. It sells product to consumers, wholesalers as well as distributors.