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Branchout Food (Branchout Food) Debt-to-Equity : 0.17 (As of Dec. 2023)


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What is Branchout Food Debt-to-Equity?

Branchout Food's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.23 Mil. Branchout Food's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.14 Mil. Branchout Food's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2.21 Mil. Branchout Food's debt to equity for the quarter that ended in Dec. 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 Branchout Food's Debt-to-Equity or its related term are showing as below:

BOF' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.24   Med: -1.58   Max: 0.17
Current: 0.17

During the past 4 years, the highest Debt-to-Equity Ratio of Branchout Food was 0.17. The lowest was -2.24. And the median was -1.58.

BOF's Debt-to-Equity is ranked better than
70.65% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs BOF: 0.17

Branchout Food Debt-to-Equity Historical Data

The historical data trend for Branchout Food'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.

Branchout Food Debt-to-Equity Chart

Branchout Food Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-1.72 -2.24 -1.45 0.17

Branchout Food Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.45 -1.38 0.11 0.10 0.17

Competitive Comparison of Branchout Food's Debt-to-Equity

For the Packaged Foods subindustry, Branchout Food'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.


Branchout Food's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Branchout Food's Debt-to-Equity distribution charts can be found below:

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



Branchout Food Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Branchout Food's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Branchout Food  (NAS:BOF) 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.


Branchout Food Debt-to-Equity Related Terms

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


Branchout Food (Branchout Food) Business Description

Traded in Other Exchanges
N/A
Address
205 SE Davis Avenue, Suite C, Bend, OR, USA, 97702
Branchout Food inc is an international food-tech company delivering truly extraordinary natural snacks and real superfood ingredients enabled by Its new, licensed dehydration technology. BranchOut licensed the rights to a new dehydration technology designed for drying and processing sensitive fruits and vegetables such as avocados, bananas and others. Its products include BranchOut Snacks, BranchOut Powders and BranchOut Industrial Ingredients.
Executives
John Dalfonsi director 205 SE DAVIS AVE, SUITE C, BEND OR 97702
Eric Healy director, officer: CEO 205 SE DAVIS AVE, SUITE C, BEND OR 97702
David Richard Israel director 205 SE DAVIS AVE, SUITE C, BEND OR 97702
Greg Somerville director 205 SE DAVIS AVE, SUITE C, BEND OR 97702