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IBG (Innovation Beverage Group) Debt-to-Equity : 2.74 (As of Dec. 2023)


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What is Innovation Beverage Group Debt-to-Equity?

Innovation Beverage Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.66 Mil. Innovation Beverage Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Innovation Beverage Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.61 Mil. Innovation Beverage Group's debt to equity for the quarter that ended in Dec. 2023 was 2.74.

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 Innovation Beverage Group's Debt-to-Equity or its related term are showing as below:

IBG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 1.63   Max: 6.03
Current: 2.74

During the past 4 years, the highest Debt-to-Equity Ratio of Innovation Beverage Group was 6.03. The lowest was 0.30. And the median was 1.63.

IBG's Debt-to-Equity is ranked worse than
94.51% of 182 companies
in the Beverages - Alcoholic industry
Industry Median: 0.42 vs IBG: 2.74

Innovation Beverage Group Debt-to-Equity Historical Data

The historical data trend for Innovation Beverage Group'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.

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Innovation Beverage Group Debt-to-Equity Chart

Innovation Beverage Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.52 0.30 6.03 2.74

Innovation Beverage Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 0.30 0.40 6.03 7.32 2.74

Competitive Comparison of Innovation Beverage Group's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Innovation Beverage Group'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.

Innovation Beverage Group's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Innovation Beverage Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Innovation Beverage Group's Debt-to-Equity falls into.


Innovation Beverage Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Innovation Beverage Group's Debt to Equity Ratio for the fiscal year 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
=(1.663 + 0) / 0.608
=2.74

Innovation Beverage Group'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
=(1.663 + 0) / 0.608
=2.74

* 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.

Innovation Beverage Group  (NAS:IBG) 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.

Innovation Beverage Group Debt-to-Equity Related Terms

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Innovation Beverage Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Innovation Beverage Group Ltd (NAS:IBG) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
29 Anvil Road, Seven Hills, NSW, AUS, 2147
Website
Innovation Beverage Group Ltd is a developer, manufacturer, marketer, exporter and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands. The company's focus is on premium and super premium brands.