NCTW (Nascent Wine Co) Debt-to-Equity : 0.09 (As of Sep. 2008)

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What is Nascent Wine Co Debt-to-Equity?

Nascent Wine Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $1.71 Mil. Nascent Wine Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.00 Mil. Nascent Wine Co's Total Stockholders Equity for the quarter that ended in Sep. 2008 was $18.20 Mil. Nascent Wine Co's debt to equity for the quarter that ended in Sep. 2008 was 0.09.

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 Nascent Wine Co's Debt-to-Equity or its related term are showing as below:

NCTW's Debt-to-Equity is not ranked ^*
in the Retail - Defensive industry.
Industry Median: 0.53
* Ranked among companies with meaningful Debt-to-Equity only.

Nascent Wine Co Debt-to-Equity Historical Data

The historical data trend for Nascent Wine Co'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.

Nascent Wine Co Debt-to-Equity Chart

Nascent Wine Co Annual Data

Trend

Dec05

Dec06

Dec07

Debt-to-Equity

0.25

0.30

Nascent Wine Co Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Debt-to-Equity	Get a 7-Day Free Trial									0.12	0.30	0.34	0.10	0.09

Competitive Comparison of Nascent Wine Co's Debt-to-Equity

For the Food Distribution subindustry, Nascent Wine Co'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.

Nascent Wine Co's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Nascent Wine Co's Debt-to-Equity distribution charts can be found below:

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

Nascent Wine Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nascent Wine Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2007 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
	=	(9.928	+	0)	/	33.008
	=	0.30

Nascent Wine Co's Debt to Equity Ratio for the quarter that ended in Sep. 2008 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
	=	(1.711	+	0)	/	18.203
	=	0.09

Nascent Wine Co (OTCPK:NCTW) 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.

Nascent Wine Co Debt-to-Equity Related Terms

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Nascent Wine Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Nascent Wine Co Inc (OTCPK:NCTW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

12055 East Broadway Boulevard, Tucson, AZ, USA, 85748

Website

http://www.pianconegroup.com

Nascent Wine Co Inc engages in the distribution of food and non-food products. It distributes a full line of frozen foods, such as meats, fully prepared entrees & desserts, and a full line of canned and dry goods, fresh meats and imported specialties.

Executives

Jgd Management Corp /ny	director, 10 percent owner	767 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10153
James E Buckman	director	YORK CAPITAL MANAGEMENT, 767 5TH AVENUE - 17TH FLOOR, NEW YORK NY 10153

Nascent Wine Co Headlines

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