FREEW (Whole Earth Brands) Debt-to-Equity: 2.01 (As of Jun. 2024) — 43% Above Median

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FREEW Whole Earth Brands Inc FREEW
12 GF Score
Price $0.07
! 6 Warning Signs
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What is Whole Earth Brands Debt-to-Equity?

Whole Earth Brands FREEW +3.82% 12 Debt-to-Equity is 2.01 as of Jun. 2024, which is 43% above its 10-year median of 1.41. GuruFocus rates FREEW with a GF Score™ of 12/100. The stock has 6 warning signs investors should review.

Whole Earth Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $9.52 Mil. Whole Earth Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $456.34 Mil. Whole Earth Brands's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $232.09 Mil. Whole Earth Brands's debt to equity for the quarter that ended in Jun. 2024 was 2.01.

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 Whole Earth Brands's Debt-to-Equity or its related term are showing as below:

FREEW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 1.41   Max: 16.78
Current: 2.01

During the past 6 years, the highest Debt-to-Equity Ratio of Whole Earth Brands was 16.78. The lowest was 0.00. And the median was 1.41.

FREEW's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.42 vs FREEW: 2.01

Whole Earth Brands  (NAS:FREEW) 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.


Whole Earth Brands Debt-to-Equity Related Terms


Whole Earth Brands Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Whole Earth Brands'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.

Whole Earth Brands Debt-to-Equity Chart

Whole Earth Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.00 0.63 1.33 1.67 1.76

Whole Earth Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.79 1.83 1.76 1.94 2.01

FREEW vs MAMA, LWAY, FTLF: Debt-to-Equity Comparison

For the Packaged Foods subindustry, Whole Earth Brands'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.


Whole Earth Brands Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Whole Earth Brands's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Whole Earth Brands's Debt-to-Equity falls into.


FREEW
12GF Score
Whole Earth Brands Inc FREEW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Whole Earth Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Whole Earth Brands's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Whole Earth Brands's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.01 mean?
Whole Earth Brands (FREEW) has a Debt-to-Equity of 2.01 as of Jun. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Whole Earth Brands and its competitors. This is 43% above median its historical median of 1.41.
Is Whole Earth Brands' Debt-to-Equity too high?
Whole Earth Brands' current Debt-to-Equity of 2.01 is 43% above median its 10-year median of 1.41. The Consumer Packaged Goods industry median Debt-to-Equity is 0.42. Whole Earth Brands' value of 2.01 is 378.6% above this industry median. Overall, Whole Earth Brands has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Whole Earth Brands' Debt-to-Equity compare to MAMA and LWAY?
Whole Earth Brands' Debt-to-Equity of 2.01 can be compared against companies in the Consumer Packaged Goods industry. The industry median Debt-to-Equity is 0.42. Whole Earth Brands' value of 2.01 is 378.6% above this benchmark. While the company's 10-year median is 1.41 vs. the industry median of 0.42, Whole Earth Brands has consistently been above the industry average. 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.42, based on 1,764 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. Whole Earth Brands's current Debt-to-Equity of 2.01 is 378.6% above the industry median. 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 Whole Earth Brands and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whole Earth Brands's current Debt-to-Equity is 2.01, which is 43% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whole Earth Brands stock overvalued right now?
Whole Earth Brands (FREEW) has a current Debt-to-Equity of 2.01. The current Debt-to-Equity is 2.01, which is 43% above median its 10-year median of 1.41 and 378.6% above the Consumer Packaged Goods industry median of 0.42. Whole Earth Brands' overall GF Score™ is 12/100 with 6 warning signs to review. 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 Whole Earth Brands (FREEW), the current Debt-to-Equity is 2.01 as of Jun. 2024. 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.

Whole Earth Brands Business Description

Address 125 South Wacker Drive, Suite 1250, Chicago, IL, USA, 60606
Whole Earth Brands Inc is a food company that provides access to high-quality, plant-based sweeteners, flavor enhancers and other foods through diverse portfolio of brands and products. The company operates in two segments namely, Branded CPG and Flavors & Ingredients. Its portfolio consists of three main product groups: sweeteners, adjacencies, and ingredients. Majority of the revenue is generated from the Branded CPG segment which provides a variety of sweetener formulations under brands such as Whole Earth, Pure Via, Wholesome, Swerve, Canderel, and Equal. Geographically, the company derives key revenue from North America and rest from Europe, Latin America, India, Middle East and Africa and other markets.
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