Laird Superfood (Laird Superfood) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Laird Superfood Debt-to-Equity?

Laird Superfood's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.14 Mil. Laird Superfood's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.24 Mil. Laird Superfood's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $13.41 Mil. Laird Superfood's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Laird Superfood's Debt-to-Equity or its related term are showing as below:

LSF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.38 Med: 0.01 Max: 0.03
Current: 0.03

During the past 6 years, the highest Debt-to-Equity Ratio of Laird Superfood was 0.03. The lowest was -0.38. And the median was 0.01.

LSF's Debt-to-Equity is ranked better than
93.17% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs LSF: 0.03

Laird Superfood Debt-to-Equity Historical Data

The historical data trend for Laird Superfood'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.

Laird Superfood Debt-to-Equity Chart

Laird Superfood Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.03

Laird Superfood Quarterly Data
	Dec18	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															0.01	0.03	0.03	0.03	0.03

Competitive Comparison of Laird Superfood's Debt-to-Equity

For the Packaged Foods subindustry, Laird Superfood'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.

Laird Superfood's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Laird Superfood Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Laird Superfood'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
	=	(0.139	+	0.244)	/	13.413
	=	0.03

Laird Superfood'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
	=	(0.139	+	0.244)	/	13.413
	=	0.03

Laird Superfood (AMEX:LSF) 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.

Laird Superfood Debt-to-Equity Related Terms

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

Laird Superfood (Laird Superfood) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Laird Superfood Inc (AMEX:LSF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5303 Spine Road, Suite 204, Boulder, CO, USA, 80301

Website

https://www.lairdsuperfood.com

Laird Superfood Inc is engaged in the business of manufacturing and marketing differentiated plant-based and functional foods. The product portfolio includes Coffee creamers, Hydration products and beverage-enhancing supplements, Harvest snacks and other food items, and Coffee, tea, and hot chocolate products.

Executives

Anna Hamill	officer: Chief Financial Officer	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Steven L Richie	officer: General Counsel and Secretary	44111 NOBEL DRIVE, FREMONT CA 94538
Andrew Judd	officer: Chief Commercial Officer	275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Gregory B Graves	director	129 CONCORD ROAD, BILLERICA MA 01821
Jason D. Vieth	director, officer: Chief Executive Officer	C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Grant J Lamontagne	director	1221 BROADWAY, OAKLAND CA 94612
Patrick Gaston	director	C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Paul Jr. Hodge	director, officer: Chief Executive Officer	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Scott Mcguire	officer: Chief Operating Officer	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Andrew J. Mccormick	officer: General Counsel and Secretary	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Valerie Ells	officer: Chief Financial Officer	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Laird Hamilton	director, officer: Chief Innovator	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
S.a. Danone	10 percent owner	17, BOULEVARD HAUSSMANN, PARIS I0 75009
Danone Manifesto Ventures, Pbc	10 percent owner	12 WEST 21ST STREET, 12TH FLOOR, NEW YORK NY 10010
Jim Buechler	director	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759