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Code Green Apparel (Code Green Apparel) Debt-to-Equity : -0.25 (As of Sep. 2017)


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What is Code Green Apparel Debt-to-Equity?

Code Green Apparel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.59 Mil. Code Green Apparel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.20 Mil. Code Green Apparel's Total Stockholders Equity for the quarter that ended in Sep. 2017 was $-3.12 Mil. Code Green Apparel's debt to equity for the quarter that ended in Sep. 2017 was -0.25.

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 Code Green Apparel's Debt-to-Equity or its related term are showing as below:

CGAC's Debt-to-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Code Green Apparel Debt-to-Equity Historical Data

The historical data trend for Code Green Apparel'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.

Code Green Apparel Debt-to-Equity Chart

Code Green Apparel Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec15 Dec16
Debt-to-Equity
Get a 7-Day Free Trial - - -0.09 -0.36 -0.30

Code Green Apparel Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -0.50 -0.30 -0.33 -0.27 -0.25

Competitive Comparison of Code Green Apparel's Debt-to-Equity

For the Apparel Manufacturing subindustry, Code Green Apparel'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.


Code Green Apparel's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Code Green Apparel's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Code Green Apparel's Debt-to-Equity falls into.



Code Green Apparel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Code Green Apparel's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Code Green Apparel's Debt to Equity Ratio for the quarter that ended in Sep. 2017 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.


Code Green Apparel  (OTCPK:CGAC) 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.


Code Green Apparel Debt-to-Equity Related Terms

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


Code Green Apparel (Code Green Apparel) Business Description

Traded in Other Exchanges
N/A
Address
9713 Stratus Drive, Dripping Springs, TX, USA, 78620
Code Green Apparel Corp is a bitcoin mining company. The company's objective is to mine bitcoin and sell it for cash and declare and distribute dividends with respect to available cash to its holders of the capital stock.