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Dr. Foods (Dr. Foods) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Dr. Foods Debt-to-Equity?

Dr. Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Dr. Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Dr. Foods's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.53 Mil. Dr. Foods's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Dr. Foods's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Dr. Foods was -0.11. The lowest was -0.61. And the median was -0.27.

DRFS's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Dr. Foods Debt-to-Equity Historical Data

The historical data trend for Dr. Foods'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.

Dr. Foods Debt-to-Equity Chart

Dr. Foods Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.35 -0.41 -0.26 - -

Dr. Foods Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A - - - -

Competitive Comparison of Dr. Foods's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Dr. Foods'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.

Dr. Foods's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dr. Foods's Debt-to-Equity distribution charts can be found below:

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


Dr. Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dr. Foods's Debt to Equity Ratio for the fiscal year that ended in Mar. 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 + 0) / 0.502
=0.00

Dr. Foods'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
=(0 + 0) / 0.529
=0.00

* 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.

Dr. Foods  (OTCPK:DRFS) 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.

Dr. Foods Debt-to-Equity Related Terms

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

Dr. Foods (Dr. Foods) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dr. Foods Inc (OTCPK:DRFS) » Definitions » Debt-to-Equity
Comparable Companies
SURP DSOX MVTG SYEV OCLN ROBXF ABHD CLWT MYDX TOMZ LIQT EPCBF FTEK BNET BHTG MZEI CETX HEOFF CDTI RDDTF
Traded in Other Exchanges
N/A
Address
780 Reservoir Avenue, Suite 123, Cranston, RI, USA, 02910
Website
http://www.ambientwater.com
Dr. Foods Inc, formerly Catapult Solutions Inc designs and builds air-to-water appliances for residential and commercial drinking water applications based on patented, patent pending and proprietary technologies. The company primarily serves businesses, governments, and individuals.
Executives
Jeff Stockdale director, 10 percent owner, officer: President 461 ELLIOTT AVE WEST, SEATTLE WA 98119
Jeff R. Mitchell director, 10 percent owner C/O STAFFING 360 SOLUTIONS, INC., 641 LEXINGTON AVENUE, SUITE 1526, NEW YORK NY 10022