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Cannabusiness Group (Cannabusiness Group) Debt-to-Equity : 7.42 (As of Dec. 2007)


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What is Cannabusiness Group Debt-to-Equity?

Cannabusiness Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2007 was $0.92 Mil. Cannabusiness Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2007 was $2.51 Mil. Cannabusiness Group's Total Stockholders Equity for the quarter that ended in Dec. 2007 was $0.46 Mil. Cannabusiness Group's debt to equity for the quarter that ended in Dec. 2007 was 7.41.

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

CBGI's Debt-to-Equity is not ranked *
in the Real Estate industry.
Industry Median: 0.76
* Ranked among companies with meaningful Debt-to-Equity only.

Cannabusiness Group Debt-to-Equity Historical Data

The historical data trend for Cannabusiness 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.

* Premium members only.

Cannabusiness Group Debt-to-Equity Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 -2.58 -128.68 7.42

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 -2.58 -128.68 7.42

Competitive Comparison of Cannabusiness Group's Debt-to-Equity

For the Real Estate Services subindustry, Cannabusiness 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.


Cannabusiness Group's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cannabusiness Group's Debt-to-Equity distribution charts can be found below:

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



Cannabusiness Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cannabusiness Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2007 is calculated as

Cannabusiness Group's Debt to Equity Ratio for the quarter that ended in Dec. 2007 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.


Cannabusiness Group  (OTCPK:CBGI) 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.


Cannabusiness Group Debt-to-Equity Related Terms

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Cannabusiness Group (Cannabusiness Group) Business Description

Traded in Other Exchanges
N/A
Address
3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414
Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

Cannabusiness Group (Cannabusiness Group) Headlines

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