Greenbriar Sustainable Living (TSXV:GRB) Debt-to-Equity : 0.17 (As of Sep. 2023)

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What is Greenbriar Sustainable Living Debt-to-Equity?

Greenbriar Sustainable Living's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.75 Mil. Greenbriar Sustainable Living's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.77 Mil. Greenbriar Sustainable Living's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$9.17 Mil. Greenbriar Sustainable Living's debt to equity for the quarter that ended in Sep. 2023 was 0.17.

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 Greenbriar Sustainable Living's Debt-to-Equity or its related term are showing as below:

TSXV:GRB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.36 Max: 1
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Greenbriar Sustainable Living was 1.00. The lowest was 0.08. And the median was 0.36.

TSXV:GRB's Debt-to-Equity is ranked better than
83.72% of 387 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.83 vs TSXV:GRB: 0.17

Greenbriar Sustainable Living Debt-to-Equity Historical Data

The historical data trend for Greenbriar Sustainable Living'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.

Greenbriar Sustainable Living Debt-to-Equity Chart

Greenbriar Sustainable Living Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.88

0.29

0.13

0.15

0.08

Greenbriar Sustainable Living Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.09	0.08	0.15	0.17

Competitive Comparison of Greenbriar Sustainable Living's Debt-to-Equity

For the Utilities - Renewable subindustry, Greenbriar Sustainable Living'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.

Greenbriar Sustainable Living's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Greenbriar Sustainable Living's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Greenbriar Sustainable Living's Debt-to-Equity falls into.

Greenbriar Sustainable Living Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Greenbriar Sustainable Living's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.718	+	0)	/	9.479
	=	0.08

Greenbriar Sustainable Living's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.754	+	0.772)	/	9.174
	=	0.17

Greenbriar Sustainable Living (TSXV:GRB) 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.

Greenbriar Sustainable Living Debt-to-Equity Related Terms

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Greenbriar Sustainable Living (TSXV:GRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Greenbriar Sustainable Living Inc (TSXV:GRB) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

GEBRF:USA

Address

632 Foster Avenue, Coquitlam, BC, CAN, V3J 2L7

Website

https://www.greenbriarcapitalcorp.ca

Greenbriar Sustainable Living Inc formerly Greenbriar Capital Corp is engaged in developing entry-level housing, renewable energy, green technology and sustainable investment projects. The activities of the company include acquisition, management, development, and sale of real estate and renewable energy projects. Some of the company's projects are Montalva Solar Project, Sage Ranch Sustainable Real Estate Project, Ridge Utilities Solar Project and West Lake Solar Project.

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