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LEEED (Leef Brands) Debt-to-Equity : -52.21 (As of Sep. 2024)


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What is Leef Brands Debt-to-Equity?

Leef Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $2.16 Mil. Leef Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $22.01 Mil. Leef Brands's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-0.46 Mil. Leef Brands's debt to equity for the quarter that ended in Sep. 2024 was -52.21.

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

LEEED' s Debt-to-Equity Range Over the Past 10 Years
Min: -52.22   Med: 0.03   Max: 28.45
Current: -52.22

During the past 11 years, the highest Debt-to-Equity Ratio of Leef Brands was 28.45. The lowest was -52.22. And the median was 0.03.

LEEED's Debt-to-Equity is not ranked
in the Drug Manufacturers industry.
Industry Median: 0.27 vs LEEED: -52.22

Leef Brands Debt-to-Equity Historical Data

The historical data trend for Leef 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.

* Premium members only.

Leef Brands Debt-to-Equity Chart

Leef Brands Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul19 Jul20 Jul21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.03 0.04 0.46 -4.75

Leef Brands Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.43 -4.75 -4.30 28.45 -52.21

Competitive Comparison of Leef Brands's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Leef 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.


Leef Brands's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

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



Leef Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Leef Brands's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Leef Brands  (OTCPK:LEEED) 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.


Leef Brands Debt-to-Equity Related Terms

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


Leef Brands Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Leef Brands Inc is a manufacturer of cannabis-branded products manufacturer based in California. It offers products under brand names like Real Deal Resin, Ganja Gold, Heady, and Leef. Geographically, it derives a majority of its revenue from the United States. It has one operation of the Company located in Canada and the United States. The Company has one reportable business segment in the cannabis sector. It generates the majority of its revenue from the USA.