PeakBirch Commerce (XCNQ:PKB) Debt-to-Equity : -1.10 (As of Jul. 2022)

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What is PeakBirch Commerce Debt-to-Equity?

PeakBirch Commerce's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2022 was C$1.05 Mil. PeakBirch Commerce's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2022 was C$0.12 Mil. PeakBirch Commerce's Total Stockholders Equity for the quarter that ended in Jul. 2022 was C$-1.06 Mil. PeakBirch Commerce's debt to equity for the quarter that ended in Jul. 2022 was -1.10.

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 PeakBirch Commerce's Debt-to-Equity or its related term are showing as below:

XCNQ:PKB's Debt-to-Equity is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 0.48
* Ranked among companies with meaningful Debt-to-Equity only.

PeakBirch Commerce Debt-to-Equity Historical Data

The historical data trend for PeakBirch 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.

PeakBirch Commerce Debt-to-Equity Chart

PeakBirch Commerce Annual Data

Trend

Oct20

Oct21

Debt-to-Equity

2.64

-0.72

PeakBirch Commerce Quarterly Data
	Aug19	Aug20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22
Debt-to-Equity	Get a 7-Day Free Trial				1.49	-0.72	-0.69	-1.13	-1.10

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

For the Pharmaceutical Retailers subindustry, PeakBirch 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.

PeakBirch Commerce's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PeakBirch Commerce's Debt-to-Equity distribution charts can be found below:

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

PeakBirch Commerce Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PeakBirch Commerce's Debt to Equity Ratio for the fiscal year that ended in Oct. 2021 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
	=	(0.982	+	0.219)	/	-1.67
	=	-0.72

PeakBirch Commerce's Debt to Equity Ratio for the quarter that ended in Jul. 2022 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
	=	(1.047	+	0.12)	/	-1.059
	=	-1.10

PeakBirch Commerce (XCNQ:PKB) 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.

PeakBirch Commerce Debt-to-Equity Related Terms

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PeakBirch Commerce (XCNQ:PKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PeakBirch Commerce Inc (XCNQ:PKB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

400, 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6

Website

https://www.peakbirch.com

PeakBirch Commerce Inc is engaged in the distribution of vaporizers and accessories for aromatherapy and other purposes. Its geographical segments include United States, Canada, and United Kingdom .