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Leafly Holdings (Leafly Holdings) Debt-to-Equity : -2.14 (As of Mar. 2024)


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What is Leafly Holdings Debt-to-Equity?

Leafly Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $30.49 Mil. Leafly Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Leafly Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-14.27 Mil. Leafly Holdings's debt to equity for the quarter that ended in Mar. 2024 was -2.14.

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 Leafly Holdings's Debt-to-Equity or its related term are showing as below:

LFLY' s Debt-to-Equity Range Over the Past 10 Years
Min: -20.55   Med: -2.39   Max: 131.75
Current: -2.14

During the past 5 years, the highest Debt-to-Equity Ratio of Leafly Holdings was 131.75. The lowest was -20.55. And the median was -2.39.

LFLY's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.49 vs LFLY: -2.14

Leafly Holdings Debt-to-Equity Historical Data

The historical data trend for Leafly Holdings'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.

Leafly Holdings Debt-to-Equity Chart

Leafly Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-1.26 - -3.66 -4.51 -2.34

Leafly Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.63 -2.45 -2.24 -2.34 -2.14

Competitive Comparison of Leafly Holdings's Debt-to-Equity

For the Pharmaceutical Retailers subindustry, Leafly Holdings'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.


Leafly Holdings's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Leafly Holdings's Debt-to-Equity distribution charts can be found below:

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



Leafly Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Leafly Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Leafly Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Leafly Holdings  (NAS:LFLY) 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.


Leafly Holdings Debt-to-Equity Related Terms

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


Leafly Holdings (Leafly Holdings) Business Description

Traded in Other Exchanges
N/A
Address
113 Cherry Street, PMB 88154, Seattle, WA, USA, 98104-2205
Leafly Holdings Inc operates an online cannabis information resource platform. It offers cannabis retailers and brands subscription-based marketplace listings that provide its cannabis audience with information, reviews, menus, and ordering and delivery options through legal retailers.
Executives
Yoko Miyashita officer: CEO C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Suresh Krishnaswamy officer: CFO C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Alan R Pickerill director C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104
Michael G. Blue director 1920 EASTLAKE AVE E, SEATTLE WA 98102
Blaise Judja-sato director C/O LEAFLY, 111 SOUTH JACKSON STREET, SUITE 531, SEATTLE WA 98104
Chandler Cassandra Mcwilliams director C/O LEAFLY, 111 SOUTH JACKSON STREET, SUITE 531, SEATTLE WA 98104
David Cotter officer: Chief Product Officer C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Martin Samuel James Louis officer: Chief Operating Officer C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Lee Peter Ho Lik director, officer: President, CFO C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022
Brendan Kennedy 10 percent owner 1920 EASTLAKE AVENUE E., SEATTLE WA 98105
Merida Holdings, Llc 10 percent owner C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE., 18TH FLOOR, NEW YORK NY 10022
Kimberly Boler officer: General Counsel C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Mitchell Baruchowitz director C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022
Jeffrey Monat director C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE., 18TH FLOOR, NEW YORK NY 10022
Andres Nannetti director C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022