Adamas One (Adamas One) Debt-to-Equity : 0.90 (As of Jun. 2023)

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What is Adamas One Debt-to-Equity?

Adamas One's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2.23 Mil. Adamas One's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.19 Mil. Adamas One's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $3.81 Mil. Adamas One's debt to equity for the quarter that ended in Jun. 2023 was 0.90.

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 Adamas One's Debt-to-Equity or its related term are showing as below:

JEWL' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.76 Med: -0.82 Max: 0.9
Current: 0.9

During the past 3 years, the highest Debt-to-Equity Ratio of Adamas One was 0.90. The lowest was -1.76. And the median was -0.82.

JEWL's Debt-to-Equity is ranked worse than
62.71% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs JEWL: 0.90

Adamas One Debt-to-Equity Historical Data

The historical data trend for Adamas One'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.

Adamas One Debt-to-Equity Chart

Adamas One Annual Data

Trend

Sep20

Sep21

Sep22

Debt-to-Equity

-1.09

-0.87

-1.76

Adamas One Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial						-0.80	-1.76	0.35	0.48	0.90

Competitive Comparison of Adamas One's Debt-to-Equity

For the Luxury Goods subindustry, Adamas One'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.

Adamas One's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Adamas One's Debt-to-Equity distribution charts can be found below:

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

Adamas One Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adamas One's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(8.441	+	0)	/	-4.787
	=	-1.76

Adamas One'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
	=	(2.233	+	1.186)	/	3.812
	=	0.90

Adamas One (NAS:JEWL) 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.

Adamas One Debt-to-Equity Related Terms

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

Adamas One (Adamas One) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Adamas One Corp (NAS:JEWL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

17767 N. Perimeter Drive, Suite B115, Scottsdale, AZ, USA, 85255

Website

https://www.adamasone.com

Adamas One Corp is a high-tech diamond company that uses its proprietary technology to produce high-quality, single-crystal diamonds and diamond materials through a CVD process, which it refers to as Diamond Technology. It operates as a Lab-Grown Diamond manufacturer that produces single-crystal diamonds for gemstone and industrial applications. The company produces chemical vapor deposition (CVD) gem-sized Lab-Grown Diamond crystals using processes pioneered by Apollo Diamond. The company's controlled manufacturing processes enable it to produce High-Quality, High Purity, High Volume, single-crystal colorless, near-colorless, and fancy-colored diamonds to suit a variety of industrial and gemstone applications.

Executives

John Grdina	director, officer: President and CEO	8340 E. RAINTREE DR. UNIT D, SCOTTSDALE AZ 85260
Gerald A Mcguire	officer: Chief Operating Officer	SCIO DIAMOND TECHNOLOGY CORPORATION, 411 UNIVERSITY RIDGE, STE D, GREENVILLE SC 29601
Alan B. Menkes	director	1160 DAIRY ASHFORD RD, STE 160, HOUSTON TX 77079
Paul Vassilakos	director	180 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10016
Thierry J Chaunu	director	17767 NORTH PERIMETER DRIVE, SUITE B115, SCOTTSDALE AZ 85255
George C Chien	director	17767 NORTH PERIMETER DRIVE, SUITE B115, SCOTTSDALE AZ 85225
Steven Staehr	officer: Chief Financial Officer	9449 SCIENCE CENTER DRIVE, NEW HOPE MN 55428
Pubco, Llc	10 percent owner	10645 N. TATUM BLVD., PHOENIX AZ 85028