MNKA (Manuka) Debt-to-Equity : -0.42 (As of Sep. 2023)

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What is Manuka Debt-to-Equity?

Manuka's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.26 Mil. Manuka's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.32 Mil. Manuka's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-1.39 Mil. Manuka's debt to equity for the quarter that ended in Sep. 2023 was -0.41.

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

MNKA' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.42 Med: -0.42 Max: -0.42
Current: -0.42

During the past 0 years, the highest Debt-to-Equity Ratio of Manuka was -0.42. The lowest was -0.42. And the median was -0.42.

MNKA's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.4 vs MNKA: -0.42

Manuka Debt-to-Equity Historical Data

The historical data trend for Manuka'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.

Manuka Debt-to-Equity Chart

Manuka Annual Data

Trend

Debt-to-Equity

Manuka Quarterly Data
	Jun22	Sep22	Jun23	Sep23
Debt-to-Equity	N/A	N/A	-0.42	-0.42

Competitive Comparison of Manuka's Debt-to-Equity

For the Household & Personal Products subindustry, Manuka'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.

Manuka's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Manuka Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Manuka's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Manuka's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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
	=	(0.259	+	0.318)	/	-1.391
	=	-0.41

Manuka (OTCPK:MNKA) 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.

Manuka Debt-to-Equity Related Terms

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

Manuka Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Manuka Inc (OTCPK:MNKA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Eliezer Vardinon Street, Petach Tikva, ISR, 4959507

Website

https://www.bmanuka.co.il

Manuka Inc is a beauty company that develops and distributes premium-quality skincare products, that are based on M?nuka honey and bee venom. Its skincare products are manufactured in Israel by its vendor, Chic with M?nuka honey ingredients. The company imports Manuka honey from its supplier in New Zealand, Waitemata Honey pursuant to the Supply Agreement. Currently, it operates only in Israel through the online platform. Its website and mobile applications currently offer six cosmetic skincare products: Face Serum with Manuka Honey and Bee Venom; Face Serum with enhanced Vitamin C; Day Cream; Night nourishing Cream; Eye Cream; and Face Cleanser Gel.

Executives

David Dana	officer: Chief Financial Officer	3 ELIEZER VARDINON ST., PETACH TIKVA L3 4959507
Shimon Citron	director, officer: Chief Executive Officer
Brian M Culley	officer: Chief Executive Officer	6725 MESA RIDGE ROAD, SUITE 100, SAN DIEGO CA 92121
Peter N. Payne	officer: Chief Executive Officer	C/O NEW YORK GLOBAL INNOVATIONS INC., 18 E. 16TH STREET, SUITE 307, NEW YORK NY 10003
Dana Wolf	officer: Chief Scientific Officer	18 EAST 16TH STREET, SUITE 307, NEW YORK NY 10003
Tonak Ltd.	10 percent owner	18 EAST 16TH STREET, SUITE 307, NEW YORK NY 10003
Israel Alfassi	director	18 EAST 16TH STREET, SUITE 307, NEW YORK NY 10003
Chanan Morris	officer: Chief Financial Officer	30 HAKTORET STREET, EFRAT L3 90435
Arias Roberto Alonso Jimenez	director	C/O NEW YORK GLOBAL INNOVATIONS INC., 18 EAST 16TH ST., SUITE 307, NEW YORK NY 10003
Tomer Assis	officer: Chief Financial Officer	C/O INKSURE TECHNOLOGIES INC., 18 EAST 16TH ST., SUITE 307, NEW YORK NY 10003
David W Sass	director, officer: Secretary	260 MADISON AVE 18TH FLR, NEW YORK NY 10016
David Avner	officer: CHIEF FINANCIAL OFFICER	1 HAMADA ST, REHOVOT L3 76703
Jonathan Bettsak	director	C/O INKSURE LTD 1 HAMADA ST., THE RABIN SCIENCE PARK, REHOVOT L3 76703
Tal Gilat	officer: President and CEO	C/O INKSURE, 1 HAMADA ST., REHOVOT L3 76703
Alon Raich	director	C/O ICTS INTERNATIONAL, N.V., BIESBOSCH 225, 1181 JC AMSTELVEEN P7 0000000000

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