Coho Collective Kitchens (TSXV:COHO) Debt-to-Equity : -15.96 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Coho Collective Kitchens Debt-to-Equity?

Coho Collective Kitchens's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$5.27 Mil. Coho Collective Kitchens's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$19.82 Mil. Coho Collective Kitchens's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$-1.57 Mil. Coho Collective Kitchens's debt to equity for the quarter that ended in Dec. 2023 was -15.96.

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 Coho Collective Kitchens's Debt-to-Equity or its related term are showing as below:

TSXV:COHO' s Debt-to-Equity Range Over the Past 10 Years
Min: -15.96 Med: 4.86 Max: 5645
Current: -15.96

During the past 2 years, the highest Debt-to-Equity Ratio of Coho Collective Kitchens was 5645.00. The lowest was -15.96. And the median was 4.86.

TSXV:COHO's Debt-to-Equity is not ranked
in the Restaurants industry.
Industry Median: 0.94 vs TSXV:COHO: -15.96

Coho Collective Kitchens Debt-to-Equity Historical Data

The historical data trend for Coho Collective Kitchens'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.

Coho Collective Kitchens Debt-to-Equity Chart

Coho Collective Kitchens Annual Data

Trend

Mar22

Mar23

Debt-to-Equity

5,645.00

-9.02

Coho Collective Kitchens Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						118.81	-9.02	-5.25	169.47	-15.96

Competitive Comparison of Coho Collective Kitchens's Debt-to-Equity

For the Restaurants subindustry, Coho Collective Kitchens'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.

Coho Collective Kitchens's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Coho Collective Kitchens's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Coho Collective Kitchens's Debt-to-Equity falls into.

Coho Collective Kitchens Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coho Collective Kitchens's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(2.889	+	8.929)	/	-1.31
	=	-9.02

Coho Collective Kitchens's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(5.269	+	19.816)	/	-1.572
	=	-15.96

Coho Collective Kitchens (TSXV:COHO) 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.

Coho Collective Kitchens Debt-to-Equity Related Terms

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

Coho Collective Kitchens (TSXV:COHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Coho Collective Kitchens Inc (TSXV:COHO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1370 E. Georgia Street, Vancouver, BC, CAN, V5L 2A8

Website

https://www.cohocommissary.com

Coho Collective Kitchens Inc engages in the provision of Commercial Commissary Kitchens and the rental of these kitchens to food-based businesses in Canada. The company currently offers its services and sells its products through three main channels, commissary operations, the hospitality food service establishment (Cafe), and the e-commerce food delivery platform, CohoMarket.ca (Coho Market).

Coho Collective Kitchens (TSXV:COHO) Headlines

No Headlines