Nate's Food Co (Nate's Food Co) Debt-to-Equity : -0.76 (As of Nov. 2023)

Nate's Food Co Debt-to-Equity Chart

Nate's Food Co Annual Data
	Trend	Jun10	May14	May15	May16	May17	May18	May20	May21	May22	May23
Debt-to-Equity		Get a 7-Day Free Trial					-0.32	-0.15	-0.30	-0.72	-0.73

Nate's Food Co Quarterly Data
	May17	Aug17	Nov17	Feb18	May18	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															-0.66	-0.77	-0.73	-0.69	-0.76

Competitive Comparison of Nate's Food Co's Debt-to-Equity

For the Capital Markets subindustry, Nate's Food Co'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.

Nate's Food Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nate's Food Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nate's Food Co's Debt-to-Equity falls into.

Nate's Food Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nate's Food Co's Debt to Equity Ratio for the fiscal year that ended in May. 2023 is calculated as

Nate's Food Co's Debt to Equity Ratio for the quarter that ended in Nov. 2023 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.

Nate's Food Co  (OTCPK:NHMD) 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.

Nate's Food Co Debt-to-Equity Related Terms

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

Nate's Food Co (Nate's Food Co) Business Description