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Zero Gravity Solutions (Zero Gravity Solutions) Debt-to-Equity : -0.99 (As of Sep. 2019)


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What is Zero Gravity Solutions Debt-to-Equity?

Zero Gravity Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.15 Mil. Zero Gravity Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $2.45 Mil. Zero Gravity Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $-2.61 Mil. Zero Gravity Solutions's debt to equity for the quarter that ended in Sep. 2019 was -0.99.

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 Zero Gravity Solutions's Debt-to-Equity or its related term are showing as below:

ZGSI's Debt-to-Equity is not ranked *
in the Agriculture industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Zero Gravity Solutions Debt-to-Equity Historical Data

The historical data trend for Zero Gravity Solutions'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.

Zero Gravity Solutions Debt-to-Equity Chart

Zero Gravity Solutions Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Equity
Get a 7-Day Free Trial 0.37 0.19 -3.68 -0.96 -0.88

Zero Gravity Solutions Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -1.06 -0.88 -0.85 -3.30 -0.99

Competitive Comparison of Zero Gravity Solutions's Debt-to-Equity

For the Agricultural Inputs subindustry, Zero Gravity Solutions'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.


Zero Gravity Solutions's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Zero Gravity Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zero Gravity Solutions's Debt-to-Equity falls into.



Zero Gravity Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zero Gravity Solutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Zero Gravity Solutions's Debt to Equity Ratio for the quarter that ended in Sep. 2019 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.


Zero Gravity Solutions  (OTCPK:ZGSI) 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.


Zero Gravity Solutions Debt-to-Equity Related Terms

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


Zero Gravity Solutions (Zero Gravity Solutions) Business Description

Traded in Other Exchanges
N/A
Address
190 North West Spanish River Boulevard, Boca Raton, FL, USA, 33431
Zero Gravity Solutions Inc is a developer of a biotechnology company focused on safe and sustainable agriculture. The company uses a plant priming technology that harnesses natural physiology, enabling farmers to sustainably improve crop yields, mitigate disease, and increase profitability.
Executives
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Ed Cowle director 6 EAST 45TH ST., SUITE 1000, NEW YORK NY 10017
H Deworth Williams director 2681 EAST PARLEYS WAY, SUITE #204, SALT LAKE CITY UT 84109
Harvey N Kaye director, officer: Chairman 190 NW SPANISH RIVER BLVD., SUITE 101, BOCA RATON FL 33431

Zero Gravity Solutions (Zero Gravity Solutions) Headlines

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