Labor Smart (Labor Smart) Debt-to-Equity : -1.34 (As of Sep. 2015)

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What is Labor Smart Debt-to-Equity?

Labor Smart's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $5.40 Mil. Labor Smart's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. Labor Smart's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $-4.03 Mil. Labor Smart's debt to equity for the quarter that ended in Sep. 2015 was -1.34.

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 Labor Smart's Debt-to-Equity or its related term are showing as below:

LTNC's Debt-to-Equity is not ranked ^*
in the Beverages - Non-Alcoholic industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Labor Smart Debt-to-Equity Historical Data

The historical data trend for Labor Smart'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.

Labor Smart Debt-to-Equity Chart

Labor Smart Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Debt-to-Equity

-2.02

-1.65

-2.06

Labor Smart Quarterly Data
	Sep11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Debt-to-Equity	Get a 7-Day Free Trial											-2.40	-2.06	-1.55	-1.51	-1.34

Competitive Comparison of Labor Smart's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Labor Smart'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.

Labor Smart's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Labor Smart's Debt-to-Equity distribution charts can be found below:

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

Labor Smart Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Labor Smart's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 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
	=	(5.548	+	0)	/	-2.696
	=	-2.06

Labor Smart's Debt to Equity Ratio for the quarter that ended in Sep. 2015 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
	=	(5.4	+	0)	/	-4.025
	=	-1.34

Labor Smart (OTCPK:LTNC) 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.

Labor Smart Debt-to-Equity Related Terms

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Labor Smart (Labor Smart) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Labor Smart Inc (OTCPK:LTNC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 1500, Powder Springs, GA, USA, 30127

Website

http://www.laborsmart.com

Labor Smart Inc is a United States based company engaged in providing on-demand temporary labor solutions to small and medium-sized businesses. The company provides temporary blue-collar staffing services. It supplies general laborers on demand to the light industries, including manufacturing, logistics, and warehousing, skilled trades' people and general laborers to commercial construction industries.

Executives

Matthew Rodgers

director