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

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Code Green Apparel Debt-to-Equity?

Code Green Apparel CGAC Debt-to-Equity is -0.25 as of Sep. 2017.

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 Capital Markets industry.
Industry Median: 0.305
* Ranked among companies with meaningful Debt-to-Equity only.

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

Code Green Apparel Debt-to-Equity Historical Data

* Premium members only.

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.

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 0.00 0.00 -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

Code Green Apparel Debt-to-Equity Competitor Comparison

For the Capital Markets 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 Debt-to-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services 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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.639 + 0.2) / -2.782
=-0.30

Code Green Apparel's Debt to Equity Ratio for the quarter that ended in Sep. 2017 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
=(0.586 + 0.2) / -3.115
=-0.25

* 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 -0.25 mean?
Code Green Apparel (CGAC) has a Debt-to-Equity of -0.25 as of Sep. 2017. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Code Green Apparel and its competitors.
Is Code Green Apparel's Debt-to-Equity too high?
Code Green Apparel's current Debt-to-Equity is -0.25.
How does Code Green Apparel's Debt-to-Equity compare to competitors?
Code Green Apparel's Debt-to-Equity of -0.25 can be compared against companies in the Capital Markets industry. The industry median Debt-to-Equity is 0.31. 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 Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.31, based on 610 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 Code Green Apparel and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Code Green Apparel's current Debt-to-Equity is -0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Code Green Apparel stock overvalued right now?
Code Green Apparel (CGAC) has a current Debt-to-Equity of -0.25. The current Debt-to-Equity is -0.25. 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 Code Green Apparel (CGAC), the current Debt-to-Equity is -0.25 as of Sep. 2017. 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.

Code Green Apparel Business Description

Address 12600 Hill Country Boulevard, Suite R-275, Bee Cave, TX, USA, 78738
Code Green Apparel Corp is a Digital Energy Company. The company focuses on development of containerized and modular AI infrastructure designed to address the growing energy, cooling, and deployment constraints facing AI data centers, as AI infrastructure faces growing constraints driven by power availability and rising electrical costs.