Candy Club Holdings (ASX:CLB) Debt-to-Equity : 0.00 (As of Jun. 2023)

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What is Candy Club Holdings Debt-to-Equity?

Candy Club Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$0.00 Mil. Candy Club Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$0.00 Mil. Candy Club Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was A$-0.08 Mil. Candy Club Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.00.

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 Candy Club Holdings's Debt-to-Equity or its related term are showing as below:

ASX:CLB' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.67 Med: -0.16 Max: 3.77
Current: -0.63

During the past 5 years, the highest Debt-to-Equity Ratio of Candy Club Holdings was 3.77. The lowest was -8.67. And the median was -0.16.

ASX:CLB's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.4 vs ASX:CLB: -0.63

Candy Club Holdings Debt-to-Equity Historical Data

The historical data trend for Candy Club Holdings'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.

Candy Club Holdings Debt-to-Equity Chart

Candy Club Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-1.65

1.62

1.54

-1.02

-0.63

Candy Club Holdings Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						1.54	3.77	-1.02	-	-0.63

Competitive Comparison of Candy Club Holdings's Debt-to-Equity

For the Confectioners subindustry, Candy Club Holdings'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.

Candy Club Holdings's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Candy Club Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Candy Club Holdings's Debt-to-Equity falls into.

Candy Club Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Candy Club Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(1.34	+	0)	/	-1.318
	=	-1.02

Candy Club Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	0)	/	-0.081
	=	0.00

Candy Club Holdings (ASX:CLB) 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.

Candy Club Holdings Debt-to-Equity Related Terms

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Candy Club Holdings (ASX:CLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Candy Club Holdings Ltd (ASX:CLB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

350 Kent Street, Level 2, Sydney, NSW, AUS, 90230

Website

https://www.candyclub.com

Candy Club Holdings Ltd is engaged in two components namely the B2C business and B2B business. Under the B2C business, the company sells subscriptions plans for the Candy Boxes in the USA, and the B2B business involves the selling of Candy Club Branded Confectionery to specialty market resellers in the USA. It has one segment, which is administration services in Australia.