BC Bud (XCNQ:BCBC) Debt-to-Equity : 0.27 (As of Nov. 2023)

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What is BC Bud Debt-to-Equity?

BC Bud's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.22 Mil. BC Bud's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.00 Mil. BC Bud's Total Stockholders Equity for the quarter that ended in Nov. 2023 was C$0.81 Mil. BC Bud's debt to equity for the quarter that ended in Nov. 2023 was 0.27.

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 BC Bud's Debt-to-Equity or its related term are showing as below:

XCNQ:BCBC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.42
Current: 0.27

During the past 2 years, the highest Debt-to-Equity Ratio of BC Bud was 0.42. The lowest was 0.01. And the median was 0.08.

XCNQ:BCBC's Debt-to-Equity is ranked better than
52.73% of 842 companies
in the Drug Manufacturers industry
Industry Median: 0.3 vs XCNQ:BCBC: 0.27

BC Bud Debt-to-Equity Historical Data

The historical data trend for BC Bud'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.

BC Bud Debt-to-Equity Chart

BC Bud Annual Data

Trend

Feb22

Feb23

Debt-to-Equity

0.05

0.08

BC Bud Quarterly Data
	Aug20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial							0.10	0.08	0.09	0.19	0.27

Competitive Comparison of BC Bud's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, BC Bud'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.

BC Bud's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

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

BC Bud Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BC Bud's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(0.1	+	0)	/	1.263
	=	0.08

BC Bud's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(0.22	+	0)	/	0.807
	=	0.27

BC Bud (XCNQ:BCBC) 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.

BC Bud Debt-to-Equity Related Terms

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

BC Bud (XCNQ:BCBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » BC Bud Corp (XCNQ:BCBC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BCBCF:USA

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.thebcbc.com

BC Bud Corp is a house of brands based in British Columbia, Canada selling products in the dried flower, concentrates, vape cartridges and edibles categories under The BC Bud Co., Solventless Solutions, Canna Beans and Canna Almonds brands.

Executives

Karim Mohamedani

10% Security Holder

BC Bud (XCNQ:BCBC) Headlines

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