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Goodfood MarketTSX:FOOD Debt-to-Equity is -1.40 as of May. 2026. The stock has 3 warning signs investors should review. Among 84 Personal Services companies, Goodfood Market ranks worse than 1190475% on this metric.
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 Goodfood Market's Debt-to-Equity or its related term are showing as below:
TSX:FOOD'
s Debt-to-Equity Range Over the Past 10 Years
Min: -9.7 Med: 0.14 Max: 4.59
Current: -1.4
During the past 11 years, the highest Debt-to-Equity Ratio of Goodfood Market was 4.59. The lowest was -9.70. And the median was 0.14.
TSX:FOOD's Debt-to-Equity is not ranked
in the Personal Services industry.
Industry Median: 0.595
vs TSX:FOOD: -1.40
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.
Goodfood Market Debt-to-Equity Related Terms
Goodfood Market Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Goodfood Market'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.
TSX:FOOD vs ROL, SCI, HRB: Debt-to-Equity Comparison
For the Personal Services subindustry, Goodfood Market'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.
Goodfood Market Debt-to-Equity vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Goodfood Market's Debt-to-Equity falls into.
* 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.
Goodfood Market (TSX:FOOD) has a Debt-to-Equity of -1.40 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Goodfood Market and its competitors. According to the industry distribution chart, Goodfood Market ranks #999999 out of 84 companies in the Personal Services industry.
Is Goodfood Market's Debt-to-Equity too high?
Goodfood Market's current Debt-to-Equity is -1.40. Based on the distribution chart, Goodfood Market ranks #999999 out of 84 companies in the Personal Services industry, which is in the bottom quartile relative to peers.
How does Goodfood Market's Debt-to-Equity compare to ROL and SCI?
According to the Personal Services industry distribution chart, Goodfood Market ranks #999999 out of 84 companies for Debt-to-Equity. This places Goodfood Market in the lower half of its industry. The industry median Debt-to-Equity is 0.60. 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 Personal Services company?
The median Debt-to-Equity among Personal Services companies is 0.60, based on 84 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 Goodfood Market and its competitors. For the Personal Services industry, the median Debt-to-Equity is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodfood Market's current Debt-to-Equity is -1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodfood Market stock overvalued right now?
Based on GuruFocus' analysis, Goodfood Market (TSX:FOOD) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.15, compared to a current price of C$0.03 — trading 80% below its estimated fair value. The current Debt-to-Equity is -1.40. 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 Goodfood Market (TSX:FOOD), the current Debt-to-Equity is -1.40 as of May. 2026. 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.
Goodfood Market Corp is an online grocery company in Canada that delivers fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfillment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.
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