Medical Marijuana (Medical Marijuana) Debt-to-Equity : 0.06 (As of Dec. 2017)

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What is Medical Marijuana Debt-to-Equity?

Medical Marijuana's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $1.41 Mil. Medical Marijuana's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $13.43 Mil. Medical Marijuana's Total Stockholders Equity for the quarter that ended in Dec. 2017 was $259.39 Mil. Medical Marijuana's debt to equity for the quarter that ended in Dec. 2017 was 0.06.

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 Medical Marijuana's Debt-to-Equity or its related term are showing as below:

MJNA's Debt-to-Equity is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Medical Marijuana Debt-to-Equity Historical Data

The historical data trend for Medical Marijuana'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.

Medical Marijuana Debt-to-Equity Chart

Medical Marijuana Annual Data

Trend

Dec09

Dec10

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Debt-to-Equity

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0.03

0.19

0.03

0.06

Medical Marijuana Semi-Annual Data
	Dec09	Dec10	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Debt-to-Equity	Get a 7-Day Free Trial			0.03	0.19	-	0.03	0.06

Competitive Comparison of Medical Marijuana's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Medical Marijuana'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.

Medical Marijuana's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

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

Medical Marijuana Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Medical Marijuana's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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
	=	(1.41	+	13.432)	/	259.387
	=	0.06

Medical Marijuana's Debt to Equity Ratio for the quarter that ended in Dec. 2017 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
	=	(1.41	+	13.432)	/	259.387
	=	0.06

Medical Marijuana (OTCPK:MJNA) 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.

Medical Marijuana Debt-to-Equity Related Terms

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

Medical Marijuana (Medical Marijuana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Medical Marijuana Inc (OTCPK:MJNA) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

2384 La Mirada Drive, Vista, CA, USA, 92081

Website

https://www.medicalmarijuanainc.com

Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others.