NHMD (Nate's Food Co) Debt-to-Equity: -0.76 (As of Nov. 2023)

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What is Nate's Food Co Debt-to-Equity?

Nate's Food Co NHMD -99.00% Debt-to-Equity is -0.76 as of Nov. 2023.

Nate's Food Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.40 Mil. Nate's Food Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.62 Mil. Nate's Food Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $-1.35 Mil. Nate's Food Co's debt to equity for the quarter that ended in Nov. 2023 was -0.75.

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

NHMD's Debt-to-Equity is not ranked ^*
in the Capital Markets industry.
Industry Median: 0.305
* Ranked among companies with meaningful Debt-to-Equity only.

Nate's Food Co (OTCPK:NHMD) 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.

Nate's Food Co Debt-to-Equity Related Terms

Nate's Food Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Nate's Food 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.

Nate's Food Co Debt-to-Equity Chart

Nate's Food Co Annual Data

Trend

Jun10

May14

May15

May16

May17

May18

May20

May21

May22

May23

Debt-to-Equity

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-0.32

-0.15

-0.30

-0.72

-0.73

Nate's Food Co Quarterly Data
	May17	Aug17	Nov17	Feb18	May18	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															-0.66	-0.77	-0.73	-0.69	-0.76

NHMD vs MNTR, GMPW, MGHL: Debt-to-Equity Comparison

For the Capital Markets subindustry, Nate's Food 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.

Nate's Food Co Debt-to-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nate's Food Co's Debt-to-Equity distribution charts can be found below:

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

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Nate's Food Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nate's Food Co's Debt to Equity Ratio for the fiscal year that ended in May. 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
	=	(0.654	+	0.159)	/	-1.113
	=	-0.73

Nate's Food Co's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(0.4	+	0.619)	/	-1.35
	=	-0.75

Frequently Asked Questions Learn more about Debt-to-Equity →

What does a Debt-to-Equity of -0.76 mean?

Nate's Food Co (NHMD) has a Debt-to-Equity of -0.76 as of Nov. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nate's Food Co and its competitors.

Is Nate's Food Co's Debt-to-Equity too high?

Nate's Food Co's current Debt-to-Equity is -0.76.

How does Nate's Food Co's Debt-to-Equity compare to MNTR and GMPW?

Nate's Food Co's Debt-to-Equity of -0.76 can be compared against companies in the Capital Markets industry. The industry median Debt-to-Equity is 0.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Debt-to-Equity for a Capital Markets company?

The median Debt-to-Equity among Capital Markets companies is 0.31, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Debt-to-Equity mean?

A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nate's Food Co and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nate's Food Co's current Debt-to-Equity is -0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nate's Food Co stock overvalued right now?

Nate's Food Co (NHMD) has a current Debt-to-Equity of -0.76. The current Debt-to-Equity is -0.76. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Debt-to-Equity calculated?

Debt-to-Equity is calculated from a company's financial statements. For Nate's Food Co (NHMD), the current Debt-to-Equity is -0.76 as of Nov. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nate's Food Co Business Description

Industry Financial Services Capital Markets

Comparable Companies MNTR GMPW MGHL CCTL NCPL MGTI VTXB SYSX BEGI LGHL MS GS SCHW ASX:MQG SHSE:600030 BSP:BPAC3 RJF SHSE:601066 TW HKSE:03908

Address 15151 Springdale Street, Huntington Beach, CA, USA, 92649

Website https://www.natesfoodco.com

Nate's Food Co is a food manufacturing and product company that manufactures, distributes, and sells ready-to-use, pre-mixed pancake and waffle batter. The Company is engaged in Bitcoin Mining which is the process by which Bitcoins are created resulting in new blocks being added to the blockchain and new Bitcoins being issued to the miners. The company sells its products across the United States to a variety of customers through its online store.