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Eden Empire (Eden Empire) Debt-to-Equity : -1.48 (As of Apr. 2022)


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What is Eden Empire Debt-to-Equity?

Eden Empire's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $0.96 Mil. Eden Empire's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $0.66 Mil. Eden Empire's Total Stockholders Equity for the quarter that ended in Apr. 2022 was $-1.10 Mil. Eden Empire's debt to equity for the quarter that ended in Apr. 2022 was -1.48.

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 Eden Empire's Debt-to-Equity or its related term are showing as below:

EDNEF's Debt-to-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.295
* Ranked among companies with meaningful Debt-to-Equity only.

Eden Empire Debt-to-Equity Historical Data

The historical data trend for Eden Empire'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.

Eden Empire Debt-to-Equity Chart

Eden Empire Annual Data
Trend Jul19 Jul20 Jul21
Debt-to-Equity
-102.78 0.61 6.33

Eden Empire Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.62 6.33 -1.23 -2.64 -1.48

Competitive Comparison of Eden Empire's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Eden Empire'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.


Eden Empire's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

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



Eden Empire Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eden Empire's Debt to Equity Ratio for the fiscal year that ended in Jul. 2021 is calculated as

Eden Empire's Debt to Equity Ratio for the quarter that ended in Apr. 2022 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.


Eden Empire  (OTCPK:EDNEF) 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.


Eden Empire Debt-to-Equity Related Terms

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


Eden Empire (Eden Empire) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eden Empire Inc is engaged in the business of operating and investing in the retail cannabis sector.

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