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Worldwide Marijuana (FRA:0IX) Debt-to-Equity : 0.00 (As of Jul. 2018)


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What is Worldwide Marijuana Debt-to-Equity?

Worldwide Marijuana's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2018 was €0.00 Mil. Worldwide Marijuana's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2018 was €0.00 Mil. Worldwide Marijuana's Total Stockholders Equity for the quarter that ended in Jul. 2018 was €-0.45 Mil. Worldwide Marijuana's debt to equity for the quarter that ended in Jul. 2018 was 0.00.

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 Worldwide Marijuana's Debt-to-Equity or its related term are showing as below:

FRA:0IX's Debt-to-Equity is not ranked *
in the Biotechnology industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Worldwide Marijuana Debt-to-Equity Historical Data

The historical data trend for Worldwide Marijuana'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.

Worldwide Marijuana Debt-to-Equity Chart

Worldwide Marijuana Annual Data
Trend Oct13 Oct14 Oct16 Oct17
Debt-to-Equity
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Worldwide Marijuana Quarterly Data
Jul13 Oct13 Jan14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
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 N/A - - - -

Competitive Comparison of Worldwide Marijuana's Debt-to-Equity

For the Biotechnology subindustry, Worldwide Marijuana'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.


Worldwide Marijuana's Debt-to-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Worldwide Marijuana's Debt-to-Equity distribution charts can be found below:

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



Worldwide Marijuana Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Worldwide Marijuana's Debt to Equity Ratio for the fiscal year that ended in Oct. 2017 is calculated as

Worldwide Marijuana's Debt to Equity Ratio for the quarter that ended in Jul. 2018 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.


Worldwide Marijuana  (FRA:0IX) 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.


Worldwide Marijuana Debt-to-Equity Related Terms

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Worldwide Marijuana (FRA:0IX) Business Description

Traded in Other Exchanges
N/A
Address
Endocan Solutions Inc, formerly, Worldwide Marijuana Inc is engaged in acquiring medical marijuana companies ultimately having licensed producers and subsidiaries in Canada and abroad.

Worldwide Marijuana (FRA:0IX) Headlines

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