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INDVR Brands (INDVR Brands) Debt-to-Equity : 0.57 (As of Oct. 2021)


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What is INDVR Brands Debt-to-Equity?

INDVR Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2021 was $1.72 Mil. INDVR Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2021 was $2.82 Mil. INDVR Brands's Total Stockholders Equity for the quarter that ended in Oct. 2021 was $7.98 Mil. INDVR Brands's debt to equity for the quarter that ended in Oct. 2021 was 0.57.

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 INDVR Brands's Debt-to-Equity or its related term are showing as below:

CAAOF'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.

INDVR Brands Debt-to-Equity Historical Data

The historical data trend for INDVR Brands'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.

INDVR Brands Debt-to-Equity Chart

INDVR Brands Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.38 -0.37 - 0.66 2.27

INDVR Brands Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
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 1.28 2.27 2.34 0.54 0.57

Competitive Comparison of INDVR Brands's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, INDVR Brands'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.


INDVR Brands's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

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



INDVR Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

INDVR Brands's Debt to Equity Ratio for the fiscal year that ended in Jan. 2021 is calculated as

INDVR Brands's Debt to Equity Ratio for the quarter that ended in Oct. 2021 is calculated as

* 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.


INDVR Brands  (OTCPK:CAAOF) 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.


INDVR Brands Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of INDVR Brands's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


INDVR Brands (INDVR Brands) Business Description

Traded in Other Exchanges
N/A
Address
C/O Fasken Martineau DuMoulin LLP, 350 7 Avenue SW, Suite 3400, ATTN Willian DeJong, Calgary, AB, CAN, T2P 3N9
INDVR Brands Inc is focused on providing personnel and management resources as well as infrastructure and equipment for use in the production, cultivation and dispensary operations of licensed cannabis businesses. It provides support services to licensed cannabis businesses.

INDVR Brands (INDVR Brands) Headlines

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