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Eastside Distilling (Eastside Distilling) Debt-to-Equity : 16.28 (As of Dec. 2023)


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What is Eastside Distilling Debt-to-Equity?

Eastside Distilling's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.47 Mil. Eastside Distilling's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12.42 Mil. Eastside Distilling's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.85 Mil. Eastside Distilling's debt to equity for the quarter that ended in Dec. 2023 was 16.28.

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 Eastside Distilling's Debt-to-Equity or its related term are showing as below:

EAST' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.54   Med: 0.33   Max: 16.28
Current: 16.28

During the past 13 years, the highest Debt-to-Equity Ratio of Eastside Distilling was 16.28. The lowest was -12.54. And the median was 0.33.

EAST's Debt-to-Equity is ranked worse than
99.45% of 183 companies
in the Beverages - Alcoholic industry
Industry Median: 0.39 vs EAST: 16.28

Eastside Distilling Debt-to-Equity Historical Data

The historical data trend for Eastside Distilling'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.

Eastside Distilling Debt-to-Equity Chart

Eastside Distilling Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 -11.97 1.35 -12.54 16.28

Eastside Distilling Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 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 -12.54 -6.19 -4.59 5.05 16.28

Competitive Comparison of Eastside Distilling's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Eastside Distilling'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.


Eastside Distilling's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

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

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



Eastside Distilling Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Eastside Distilling'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.


Eastside Distilling  (NAS:EAST) 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.


Eastside Distilling Debt-to-Equity Related Terms

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


Eastside Distilling (Eastside Distilling) Business Description

Traded in Other Exchanges
N/A
Address
2321 NE Argyle Street, Unit D, Portland, OR, USA, 97211
Eastside Distilling Inc is a producer and marketer of Craft Canning + Printing and spirits. Its alcoholic beverage categories include whiskey, vodka, gin, rum, tequila, and Ready-to-Drink. Some of its brands include Azunia Tequila, Hue-Hue Coffee Rum, Portland Potato Vodka, and Burnside Whiskey. It operates in a two segment of packaging, producing, marketing, and distributing alcoholic beverages. Craft Canning + Printing includes, Digital Can Printing, Co-packing Facility and Mobile Canning. The company distributes its products in 33 states of the United States.
Executives
Elizabeth Ann Levy-navarro director C/O EASTSIDE DISTILLING, INC., 8911 NE MARX DRIVE, SUITE A2, PORTLAND OR 97220
Eric J. Finnsson director C/O EASTSIDE DISTILLING, INC., 1001 SE WATER AVENUE, #390 OR 97214
Bigger Capital Fund Gp, Llc 10 percent owner 11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
Bigger Capital, Llc 10 percent owner 11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
District 2 Gp Llc 10 percent owner 14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743
District 2 Holdings Llc 10 percent owner 14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743
Bigger Capital Fund L P 10 percent owner 159 JENNINGS RD, COLD SPRING HARBOR NY 11724
District 2 Capital Fund Lp 10 percent owner 14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743
B.a.d. Company, Llc 10 percent owner 11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
District 2 Capital Lp 10 percent owner 175 W CARVER STREET, HUNTINGTON NY 11743
Michael Bigger 10 percent owner 11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
Geoffrey C Gwin officer: Chief Financial Officer 238 BLACK ROCK TPK, REDDING CT 06896
Joseph D Giansante director 2321 NE ARGYLE STREET, UNIT D, PORTLAND OR 97211
Patrick J. Kilkenny 10 percent owner P.O. BOX 1641, RANCHO SANTA FE CA 92067
Amy Lee Brassard officer: Corporate Secretary 8911 NE MARX DRIVE, SUITE A2, PORTLAND OR 97220

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