TNYBF (The Tinley Beverage Co) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is The Tinley Beverage Co Debt-to-Equity?

The Tinley Beverage Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. The Tinley Beverage Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. The Tinley Beverage Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $0.64 Mil. The Tinley Beverage Co's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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 The Tinley Beverage Co's Debt-to-Equity or its related term are showing as below:

TNYBF' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.58 Med: 0.22 Max: 1.27
Current: 4.6

During the past 13 years, the highest Debt-to-Equity Ratio of The Tinley Beverage Co was 1.27. The lowest was -2.58. And the median was 0.22.

TNYBF's Debt-to-Equity is ranked worse than
98.86% of 176 companies
in the Beverages - Alcoholic industry
Industry Median: 0.385 vs TNYBF: 4.60

The Tinley Beverage Co Debt-to-Equity Historical Data

The historical data trend for The Tinley Beverage 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.

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The Tinley Beverage Co Debt-to-Equity Chart

The Tinley Beverage Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.24

0.21

0.18

0.90

-1.31

The Tinley Beverage Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															-2.02	-1.31	-2.59	-1.61	-

Competitive Comparison of The Tinley Beverage Co's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, The Tinley Beverage 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.

The Tinley Beverage Co's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, The Tinley Beverage Co's Debt-to-Equity distribution charts can be found below:

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

The Tinley Beverage Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Tinley Beverage Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.716	+	1.796)	/	-1.913
	=	-1.31

The Tinley Beverage Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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	+	0)	/	0.642
	=	0.00

The Tinley Beverage Co (OTCPK:TNYBF) 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.

The Tinley Beverage Co Debt-to-Equity Related Terms

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The Tinley Beverage Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » The Tinley Beverage Co Inc (OTCPK:TNYBF) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

TNY:Canada

Address

181 Bay Street, Suite 1800, TD Centre, Toronto, ON, CAN, M5J 2T9

Website

https://www.drinktinley.com

The Tinley Beverage Co Inc is a beverage company. It manufactures a line of liquor-inspired, non-alcoholic, non-cannabis-infused beverages, which are available in retail locations in the United States and parts of Canada. The company also manufactures cannabis-infused beverages for contract manufacturing clients. It also manufactures the TinleyTM Tonics and TinleyTM 27 line of products. Some of its products include High Horse; Stone Dasiy; Coconut Cask; Almond Cask; Flying Mule and others.