NextGen Food Robotics (FRA:O83) Debt-to-Equity : 0.44 (As of Jan. 2024)

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What is NextGen Food Robotics Debt-to-Equity?

NextGen Food Robotics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €0.11 Mil. NextGen Food Robotics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €0.70 Mil. NextGen Food Robotics's Total Stockholders Equity for the quarter that ended in Jan. 2024 was €1.83 Mil. NextGen Food Robotics's debt to equity for the quarter that ended in Jan. 2024 was 0.44.

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 NextGen Food Robotics's Debt-to-Equity or its related term are showing as below:

FRA:O83' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.25 Max: 0.47
Current: 0.44

During the past 2 years, the highest Debt-to-Equity Ratio of NextGen Food Robotics was 0.47. The lowest was 0.06. And the median was 0.25.

FRA:O83's Debt-to-Equity is ranked worse than
52.75% of 1657 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs FRA:O83: 0.44

NextGen Food Robotics Debt-to-Equity Historical Data

The historical data trend for NextGen Food Robotics'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.

NextGen Food Robotics Debt-to-Equity Chart

NextGen Food Robotics Annual Data

Trend

Apr22

Apr23

Debt-to-Equity

0.23

0.11

NextGen Food Robotics Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial						0.09	0.11	0.06	0.36	0.44

Competitive Comparison of NextGen Food Robotics's Debt-to-Equity

For the Packaged Foods subindustry, NextGen Food Robotics'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.

NextGen Food Robotics's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NextGen Food Robotics's Debt-to-Equity distribution charts can be found below:

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

NextGen Food Robotics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NextGen Food Robotics's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(0.043	+	0.107)	/	1.351
	=	0.11

NextGen Food Robotics's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(0.108	+	0.7)	/	1.834
	=	0.44

NextGen Food Robotics (FRA:O83) 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.

NextGen Food Robotics Debt-to-Equity Related Terms

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NextGen Food Robotics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NextGen Food Robotics Corp (FRA:O83) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NGRBF:USA NGRB:Canada

Address

855 Terminal Avenue, Vancouver, BC, CAN, V6A 2M9

Website

https://www.nextgenai.ca

NextGen Food Robotics Corp is a multi-division food manufacturing operation that offers commissary and ghost kitchens, co-pack and private label contract manufacturing, and in-house production of the Company's plant-based brand. Additionally, Nextgen is developing the Lily app, which is an AI-powered food application. The Company has two operating segments: co-packing and manufacturing operations and commissary kitchen operations in Canada.

NextGen Food Robotics Headlines

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