LQR House (LQR House) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is LQR House Debt-to-Equity?

LQR House's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.01 Mil. LQR House's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. LQR House's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $14.62 Mil. LQR House'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 LQR House's Debt-to-Equity or its related term are showing as below:

LQR's Debt-to-Equity is not ranked ^*
in the Beverages - Alcoholic industry.
Industry Median: 0.38
* Ranked among companies with meaningful Debt-to-Equity only.

LQR House Debt-to-Equity Historical Data

The historical data trend for LQR House'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.

LQR House Debt-to-Equity Chart

LQR House Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

LQR House Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					-	-	0.01	-	-

Competitive Comparison of LQR House's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, LQR House'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.

LQR House's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

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

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

LQR House Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LQR House's Debt to Equity Ratio for the fiscal year 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
	=	(0.007	+	0.003)	/	14.62
	=	0.00

LQR House'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
	=	(0.007	+	0.003)	/	14.62
	=	0.00

LQR House (NAS:LQR) 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.

LQR House Debt-to-Equity Related Terms

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

LQR House (LQR House) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » LQR House Inc (NAS:LQR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6800 Indian Creek Drive, Suite 1E, Miami Beach, FL, USA, 33141

Website

https://www.lqrhouse.com

LQR House Inc intends to become the full-service digital marketing and brand development face of the alcoholic beverage space. It also intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy-to-use platform and become the one-stop shop for everything related to alcohol. The company's primary business includes the development of premium limited-batch spirit brands, establishing an exclusive wine club, and marketing internal and external brands through an exclusive agreement with a U.S.-based e-commerce portal. It believes that the marketing and brand management services it provides to its wholly owned and third-party clients will increase brand recognition thereof, and drive sales thereof through its e-commerce platform partner.

Executives

Sean Dollinger	director, 10 percent owner, officer: Chief Executive Officer	6800 INDIAN CREEK DRIVE, SUITE 1E, MIAMI BEACH FL 33141
Gary L Herman	director	720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
James C. Huber	director	127 FLORENCE DRIVE, JUPITER FL 33458
Kbros, Llc	10 percent owner	23658 SAN VICENTE ROAD, RAMONA CA 92065
Guy Dollinger	director	283 RUE PICASSO, DOLLARD-DES-ORMEAUX A8 H9A 3K2
Jaclyn Hoffman	officer: Chief Marketing Officer	166 2ND AVENUE, APT 2A, NEW YORK NY 10003
Kumar Abhishek	officer: Chief Financial Officer	25/3A, RAIL VIHAR, SECTOR 56, GURGAON K7 122002
Darren Collins	director	22 RIVERVIEW ROAD, ALLISTON A6 L9M 1R2
Alexandra Hoffman	director	6800 INDIAN CREEK DRIVE, APT 101, MIAMI BEACH FL 33141
James P. O'brien	director	3000-360 MAIN STREET, WINNIPEG A2 R3C 4G1