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VDQSF (Gnomestar Craft) Debt-to-Equity : -0.41 (As of Dec. 2021)


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What is Gnomestar Craft Debt-to-Equity?

Gnomestar Craft's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.35 Mil. Gnomestar Craft's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.33 Mil. Gnomestar Craft's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $-1.65 Mil. Gnomestar Craft's debt to equity for the quarter that ended in Dec. 2021 was -0.41.

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

VDQSF's Debt-to-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.3
* Ranked among companies with meaningful Debt-to-Equity only.

Gnomestar Craft Debt-to-Equity Historical Data

The historical data trend for Gnomestar Craft'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.

Gnomestar Craft Debt-to-Equity Chart

Gnomestar Craft Annual Data
Trend Jun12 Jun13 Jun14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 2.71 -0.40 -0.66 -0.57

Gnomestar Craft Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 -0.52 -0.57 -0.58 -0.47 -0.41

Competitive Comparison of Gnomestar Craft's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Gnomestar Craft'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.


Gnomestar Craft's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Gnomestar Craft's Debt-to-Equity distribution charts can be found below:

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



Gnomestar Craft Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gnomestar Craft's Debt to Equity Ratio for the fiscal year that ended in Mar. 2021 is calculated as

Gnomestar Craft's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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.


Gnomestar Craft  (OTCPK:VDQSF) 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.


Gnomestar Craft Debt-to-Equity Related Terms

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


Gnomestar Craft Business Description

Traded in Other Exchanges
N/A
Address
8778 River Road, Delta, BC, CAN, V4G 1B5
Gnomestar Craft Inc, formerly Vodis Pharmaceuticals Inc is engaged in the manufacturing of craft cannabis. The company's facility is situated in Delta, British Columbia, Canada. The business operates in one segment being the marijuana industry, and all assets are located in Canada.The firm sells certain cannabis products for medical and recreational use to certain companies in Canada who are licensed for cultivation, processing and sell dried cannabis products.

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