YourWay Cannabis Brands (YourWay Cannabis Brands) Debt-to-Equity : 0.30 (As of Sep. 2021)

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What is YourWay Cannabis Brands Debt-to-Equity?

YourWay Cannabis Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.54 Mil. YourWay Cannabis Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $4.30 Mil. YourWay Cannabis Brands's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $16.16 Mil. YourWay Cannabis Brands's debt to equity for the quarter that ended in Sep. 2021 was 0.30.

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

YOURF'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.

YourWay Cannabis Brands Debt-to-Equity Historical Data

The historical data trend for YourWay Cannabis 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.

YourWay Cannabis Brands Debt-to-Equity Chart

YourWay Cannabis Brands Annual Data

Trend

Dec19

Dec20

Debt-to-Equity

4.44

0.86

YourWay Cannabis Brands Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Debt-to-Equity	Get a 7-Day Free Trial				1.15	0.86	0.32	0.26	0.30

Competitive Comparison of YourWay Cannabis Brands's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, YourWay Cannabis 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.

YourWay Cannabis Brands's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

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

YourWay Cannabis Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

YourWay Cannabis Brands's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(1.179	+	3.162)	/	5.071
	=	0.86

YourWay Cannabis Brands's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.544	+	4.297)	/	16.16
	=	0.30

YourWay Cannabis Brands (OTCPK:YOURF) 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.

YourWay Cannabis Brands Debt-to-Equity Related Terms

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YourWay Cannabis Brands (YourWay Cannabis Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » YourWay Cannabis Brands Inc (OTCPK:YOURF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8

Website

https://www.hollistercannabisco.com

YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.