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Naples Soap Co (Naples Soap Co) Debt-to-Equity : -22.76 (As of Jun. 2023)


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What is Naples Soap Co Debt-to-Equity?

Naples Soap Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2.44 Mil. Naples Soap Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $4.18 Mil. Naples Soap Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-0.29 Mil. Naples Soap Co's debt to equity for the quarter that ended in Jun. 2023 was -22.76.

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 Naples Soap Co's Debt-to-Equity or its related term are showing as below:

NASO' s Debt-to-Equity Range Over the Past 10 Years
Min: -22.76   Med: -22.76   Max: -22.76
Current: -22.76

During the past 0 years, the highest Debt-to-Equity Ratio of Naples Soap Co was -22.76. The lowest was -22.76. And the median was -22.76.

NASO's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.4 vs NASO: -22.76

Naples Soap Co Debt-to-Equity Historical Data

The historical data trend for Naples Soap Co'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.

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Naples Soap Co Debt-to-Equity Chart

Naples Soap Co Annual Data
Trend
Debt-to-Equity

Naples Soap Co Semi-Annual Data
Jun22 Jun23
Debt-to-Equity N/A -22.76

Competitive Comparison of Naples Soap Co's Debt-to-Equity

For the Household & Personal Products subindustry, Naples Soap Co'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.


Naples Soap Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Naples Soap Co's Debt-to-Equity falls into.



Naples Soap Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Naples Soap Co's Debt to Equity Ratio for the fiscal year that ended in . 20 is calculated as

Naples Soap Co's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Naples Soap Co  (OTCPK:NASO) 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.


Naples Soap Co Debt-to-Equity Related Terms

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


Naples Soap Co (Naples Soap Co) Business Description

Traded in Other Exchanges
N/A
Address
14601 Jetport Loop, Suite 180, Fort Myers, FL, USA, 33913
Naples Soap Co Inc is a health and wellness brand that offers personal care products including soap, hair, face, and skincare products through its own brick and mortar retail stores and website, national and boutique re-sellers, and online marketplaces including Amazon and Faire.

Naples Soap Co (Naples Soap Co) Headlines

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