XFTB (XFit Brands) Debt-to-Equity: -1.09 (As of Dec. 2016)

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What is XFit Brands Debt-to-Equity?

XFit Brands XFTB Debt-to-Equity is -1.09 as of Dec. 2016.

XFit Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $0.04 Mil. XFit Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $3.50 Mil. XFit Brands's Total Stockholders Equity for the quarter that ended in Dec. 2016 was $-3.25 Mil. XFit Brands's debt to equity for the quarter that ended in Dec. 2016 was -1.09.

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

XFTB's Debt-to-Equity is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

XFit Brands  (OTCPK:XFTB) 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.

XFit Brands Debt-to-Equity Related Terms

XFit Brands Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for XFit 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.

XFit Brands Debt-to-Equity Chart

XFit Brands Annual Data
Trend Jun14 Jun15 Jun16
Debt-to-Equity
-1.68 -0.96 -0.82

XFit Brands Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.00 -0.92 -0.82 -0.79 -1.09

XFTB vs WESC, QSMG, SCRH: Debt-to-Equity Comparison

For the Leisure subindustry, XFit 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.

XFit Brands Debt-to-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, XFit Brands's Debt-to-Equity distribution charts can be found below:

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


XFit Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

XFit Brands's Debt to Equity Ratio for the fiscal year that ended in Jun. 2016 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
=(0.035 + 2.479) / -3.079
=-0.82

XFit Brands's Debt to Equity Ratio for the quarter that ended in Dec. 2016 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
=(0.035 + 3.5) / -3.248
=-1.09

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -1.09 mean?
XFit Brands (XFTB) has a Debt-to-Equity of -1.09 as of Dec. 2016. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on XFit Brands and its competitors.
Is XFit Brands' Debt-to-Equity too high?
XFit Brands' current Debt-to-Equity is -1.09.
How does XFit Brands' Debt-to-Equity compare to WESC and QSMG?
XFit Brands' Debt-to-Equity of -1.09 can be compared against companies in the Travel & Leisure industry. The industry median Debt-to-Equity is 0.43. 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 Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 723 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 XFit Brands and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XFit Brands's current Debt-to-Equity is -1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XFit Brands stock overvalued right now?
XFit Brands (XFTB) has a current Debt-to-Equity of -1.09. The current Debt-to-Equity is -1.09. 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 XFit Brands (XFTB), the current Debt-to-Equity is -1.09 as of Dec. 2016. 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.

XFit Brands Business Description

Address 25731 Commercentre Drive, Lake Forest, CA, USA, 92630
XFit Brands Inc is active in the leisure industry. Its activities include design, development, and worldwide marketing and selling of functional equipment, training gear, apparel, and accessories for the impact sports market and fitness industry. Its products span the Impact Sports, Mixed Martial Arts (MMA), High and low impact fitness and Cross Training, and other Action Sports and are marketed and sold under the Throwdown, XFit Brands, and Transformations brand names.