Zoglos Food (FRA:G8I) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Zoglos Food Debt-to-Equity?

Zoglos Food's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. Zoglos Food's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. Zoglos Food's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €0.28 Mil. Zoglos Food's debt to equity for the quarter that ended in Mar. 2024 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 Zoglos Food's Debt-to-Equity or its related term are showing as below:

FRA:G8I' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.06 Med: 0.55 Max: 0.87
Current: 0.1

During the past 4 years, the highest Debt-to-Equity Ratio of Zoglos Food was 0.87. The lowest was -0.06. And the median was 0.55.

FRA:G8I's Debt-to-Equity is ranked better than
83.7% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.585 vs FRA:G8I: 0.10

Zoglos Food Debt-to-Equity Historical Data

The historical data trend for Zoglos Food'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.

Zoglos Food Debt-to-Equity Chart

Zoglos Food Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.56

-0.01

-0.06

Zoglos Food Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									-	-	-	-0.06	-

Competitive Comparison of Zoglos Food's Debt-to-Equity

For the Food Distribution subindustry, Zoglos Food'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.

Zoglos Food's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Zoglos Food's Debt-to-Equity distribution charts can be found below:

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

Zoglos Food Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zoglos Food's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(0.027	+	0)	/	-0.446
	=	-0.06

Zoglos Food's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	0)	/	0.28
	=	0.00

Zoglos Food (FRA:G8I) 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.

Zoglos Food Debt-to-Equity Related Terms

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

Zoglos Food (FRA:G8I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Zoglos Food Corp (FRA:G8I) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZOG:Canada

Address

8953 Woodbine Avenue, Markham, ON, CAN, L3R0J9

Website

https://www.zoglos.com

Zoglos Food Corp is a plant-based protein foods company that is in the business of designing, developing, producing, distributing, and selling plant-based meat alternative products. Its products fall into three main categories: plant-based meats; appetizers; and veggies. It generates revenues through the wholesale of plant-based meat alternative products.

Zoglos Food (FRA:G8I) Headlines

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