For The Earth (For The Earth) Debt-to-Equity : -0.44 (As of Sep. 2004)

View and export this data going back to . Start your Free Trial

What is For The Earth Debt-to-Equity?

For The Earth's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2004 was $0.24 Mil. For The Earth's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2004 was $0.00 Mil. For The Earth's Total Stockholders Equity for the quarter that ended in Sep. 2004 was $-0.56 Mil. For The Earth's debt to equity for the quarter that ended in Sep. 2004 was -0.43.

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

FTEG's Debt-to-Equity is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 0.3
* Ranked among companies with meaningful Debt-to-Equity only.

For The Earth Debt-to-Equity Historical Data

The historical data trend for For The Earth'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.

For The Earth Debt-to-Equity Chart

For The Earth Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Debt-to-Equity

0.18

0.79

0.61

0.30

-1.34

For The Earth Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04
Debt-to-Equity	Get a 7-Day Free Trial														85.00	-1.34	-0.60	-0.59	-0.44

Competitive Comparison of For The Earth's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, For The Earth'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.

For The Earth's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, For The Earth's Debt-to-Equity distribution charts can be found below:

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

For The Earth Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

For The Earth's Debt to Equity Ratio for the fiscal year that ended in Dec. 2003 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
	=	(0.198	+	0.005)	/	-0.151
	=	-1.34

For The Earth's Debt to Equity Ratio for the quarter that ended in Sep. 2004 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
	=	(0.244	+	0)	/	-0.561
	=	-0.43

For The Earth (OTCPK:FTEG) 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.

For The Earth Debt-to-Equity Related Terms

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

For The Earth (For The Earth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » For The Earth Corp (OTCPK:FTEG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016

Website

http://www.ftechealth.com

For The Earth Corp is an emerging integrated CBD producer and retailer in the United States. The company is in the process of establishing a vertical framework that will extend from cultivation to extraction and production to a strategic retail footprint that includes multiple locations in Las Vegas and New York featuring mall kiosks, vending machines, e-commerce, and full store locations serving both the human and pet CBD markets.