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CIMG (IMG) Debt-to-Equity : -1.67 (As of Jun. 2024)


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What is CIMG Debt-to-Equity?

CIMG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.32 Mil. CIMG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. CIMG's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-0.19 Mil. CIMG's debt to equity for the quarter that ended in Jun. 2024 was -1.66.

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

IMG' s Debt-to-Equity Range Over the Past 10 Years
Min: -21.43   Med: 0.08   Max: 141.67
Current: -1.67

During the past 13 years, the highest Debt-to-Equity Ratio of CIMG was 141.67. The lowest was -21.43. And the median was 0.08.

IMG's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.4 vs IMG: -1.67

CIMG Debt-to-Equity Historical Data

The historical data trend for CIMG'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.

CIMG Debt-to-Equity Chart

CIMG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.14 0.04 0.07 0.24

CIMG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.24 0.41 -1.02 -1.67

Competitive Comparison of CIMG's Debt-to-Equity

For the Packaged Foods subindustry, CIMG'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.


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

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

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



CIMG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CIMG's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

CIMG's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


CIMG  (NAS:IMG) 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.


CIMG Debt-to-Equity Related Terms

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


CIMG Business Description

Traded in Other Exchanges
Address
2865 Scott Street, Suite 107, Vista, CA, USA, 92081
CIMG Inc is a coffee and technologies company. The company is a co-packer of single-serve pour-over coffee, coffee brew bags and Dripkits. The company's brand portfolio includes Coffee Blenders, Twin Peaks, Active Cup, Relax Cup, Think Cup, Nude Cup, Pine Ranch Coffee, and Dripkit. Its geographical segments are North America, which accounts for the majority of revenue; and South Korea.
Executives
Masateru Higashida director, 10 percent owner, officer: See Remarks 10815 RANCHO BERNARDO ROAD, SUITE 250, SAN DIEGO CA 92127
Randell Weaver officer: Chief Financial Officer
Shana Bowman officer: See Remarks 1350 EAST ARAPAHO ROAD, SUITE 230, RICHARDSON TX 75081
Marie Franklin officer: See Remarks 1350 E. ARAPAHO ROAD, SUITE 230, RICHARDSON TX 75081
Patrick J Shearer officer: Chief Financial Officer 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Jose L Ramirez officer: See Remarks 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Tomoko Toyota officer: Chief Marketing Officer 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Tracy Ging director 555 SW 7TH STREET #10, DES MOINES IA 50309
David Robson director FARMER BROS.CO., 1912 FARMER BROTHERS DR, NORTHLAKE TX 76262
Nobuki Kurita director TOYOSU 3-4-1-4306, KOTO-KU, TOKYO M0 135-0061
Shanoop Kothari officer: SVP and CFO 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Kevin J Conner director 110 SOUTH STATE STREET, SUITE 200, NEWTOWN PA 18940
James Chris Jones director 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Allen S. Morton director 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Travis Gorney officer: President 2865 SCOTT STREET, SUITE 101, VISTA CA 92081