Emerge Commerce (TSXV:ECOM) Debt-to-Equity : -0.75 (As of Sep. 2024)

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What is Emerge Commerce Debt-to-Equity?

Emerge Commerce's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$5.89 Mil. Emerge Commerce's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$1.13 Mil. Emerge Commerce's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$-9.41 Mil. Emerge Commerce's debt to equity for the quarter that ended in Sep. 2024 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 Emerge Commerce's Debt-to-Equity or its related term are showing as below:

TSXV:ECOM' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.85 Med: 0.95 Max: 3.22
Current: -0.75

During the past 5 years, the highest Debt-to-Equity Ratio of Emerge Commerce was 3.22. The lowest was -1.85. And the median was 0.95.

TSXV:ECOM's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.6 vs TSXV:ECOM: -0.75

Emerge Commerce Debt-to-Equity Historical Data

The historical data trend for Emerge Commerce'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.

Emerge Commerce Debt-to-Equity Chart

Emerge Commerce Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.51

0.43

0.91

2.57

-1.85

Emerge Commerce 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															2.51	-1.85	-0.84	-0.78	-0.75

Competitive Comparison of Emerge Commerce's Debt-to-Equity

For the Internet Retail subindustry, Emerge Commerce'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.

Emerge Commerce's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emerge Commerce's Debt-to-Equity distribution charts can be found below:

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

Emerge Commerce Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emerge Commerce'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
	=	(16.016	+	2.234)	/	-9.866
	=	-1.85

Emerge Commerce'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
	=	(5.889	+	1.133)	/	-9.412
	=	-0.75

Emerge Commerce (TSXV:ECOM) 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.

Emerge Commerce Debt-to-Equity Related Terms

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

Emerge Commerce Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Emerge Commerce Ltd (TSXV:ECOM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EMCMF:USA

Address

355 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5V 1S2

Website

https://www.emerge-commerce.com

Emerge Commerce Ltd is a diversified, rapidly growing acquirer and operator of e-commerce brands. The firm's network of subscription and marketplace e-commerce sites provide its members with access to pet products, premium meat and groceries, outdoor gear, golf and other experiences. Its e-commerce portfolio includes WholesalePet.com, trulocal.ca, BattlBox.com, UnderPar.com, JustGolfStuff.ca, CarinvoreClub.co, WagJag.com, and BeRightBack.ca. Geographically, the company operates in Canada and the U.S.

Executives

Ghassan Halazon	10% Security Holder, Director, Senior Officer
Drew (charles Andrew) Green	10% Security Holder, Director
Fazal Ur Rahman Khaishgi	Senior Officer
John Kim	Director
Nan (jonson) Sun	Director
Jonathan Reginald Leong	Senior Officer