Boosh Plant-Based Brands (Boosh Plant-Based Brands) Debt-to-Equity : -0.17 (As of Dec. 2023)

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What is Boosh Plant-Based Brands Debt-to-Equity?

Boosh Plant-Based Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.42 Mil. Boosh Plant-Based Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.19 Mil. Boosh Plant-Based Brands's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-3.61 Mil. Boosh Plant-Based Brands's debt to equity for the quarter that ended in Dec. 2023 was -0.17.

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 Boosh Plant-Based Brands's Debt-to-Equity or its related term are showing as below:

VGGIF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.33 Med: 0.02 Max: 0.14
Current: -0.17

During the past 4 years, the highest Debt-to-Equity Ratio of Boosh Plant-Based Brands was 0.14. The lowest was -1.33. And the median was 0.02.

VGGIF's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.4 vs VGGIF: -0.17

Boosh Plant-Based Brands Debt-to-Equity Historical Data

The historical data trend for Boosh Plant-Based Brands'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.

Boosh Plant-Based Brands Debt-to-Equity Chart

Boosh Plant-Based Brands Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

-1.32

0.07

-0.21

Boosh Plant-Based Brands Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.14	-0.21	-0.19	-0.18	-0.17

Competitive Comparison of Boosh Plant-Based Brands's Debt-to-Equity

For the Packaged Foods subindustry, Boosh Plant-Based Brands'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.

Boosh Plant-Based Brands's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Boosh Plant-Based Brands's Debt-to-Equity falls into.

Boosh Plant-Based Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Boosh Plant-Based Brands's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.416	+	0.19)	/	-2.895
	=	-0.21

Boosh Plant-Based Brands's Debt to Equity Ratio for the quarter 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
	=	(0.42	+	0.19)	/	-3.608
	=	-0.17

Boosh Plant-Based Brands (OTCPK:VGGIF) 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.

Boosh Plant-Based Brands Debt-to-Equity Related Terms

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

Boosh Plant-Based Brands (Boosh Plant-Based Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Boosh Plant-Based Brands Inc (OTCPK:VGGIF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

77I:Germany VEGI:Canada

Address

176 Street, Suite 103-6554, Surrey, BC, CAN, V3S 4G5

Website

https://www.booshfood.com

Boosh Plant-Based Brands Inc operates as a plant-based ready-to-eat food company. It distributes and sells plant-based frozen meals to grocery outlets and independent grocery stores throughout Canada. The company's segment includes Corporate; Snacks; Entrees and Appetizers. It generates maximum revenue from the Snacks segment.

Boosh Plant-Based Brands (Boosh Plant-Based Brands) Headlines

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