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Nevis Brands (Nevis Brands) Debt-to-Equity : 0.62 (As of Feb. 2024)


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What is Nevis Brands Debt-to-Equity?

Nevis Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.59 Mil. Nevis Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.00 Mil. Nevis Brands's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $0.95 Mil. Nevis Brands's debt to equity for the quarter that ended in Feb. 2024 was 0.62.

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 Nevis Brands's Debt-to-Equity or its related term are showing as below:

PSCBF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.74   Med: -0.24   Max: 9.23
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Nevis Brands was 9.23. The lowest was -0.74. And the median was -0.24.

PSCBF's Debt-to-Equity is ranked worse than
64.13% of 92 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.295 vs PSCBF: 0.62

Nevis Brands Debt-to-Equity Historical Data

The historical data trend for Nevis Brands'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.

Nevis Brands Debt-to-Equity Chart

Nevis Brands Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.42 -0.12 -0.24 0.57

Nevis Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.56 -0.64 0.56 0.57 0.62

Competitive Comparison of Nevis Brands's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Nevis Brands'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.


Nevis Brands's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

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

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



Nevis Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nevis Brands's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Nevis Brands's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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.


Nevis Brands  (OTCPK:PSCBF) 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.


Nevis Brands Debt-to-Equity Related Terms

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


Nevis Brands (Nevis Brands) Business Description

Traded in Other Exchanges
Address
4000 Mason Road, Suite 304, Seattle, WA, USA, 98195
Nevis Brands Inc innovates and develops cannabis beverages and related products. Its brands comprise Major, Happy Apple, Pearl, Utopia, Atomic Apple, Vertus, Velvet Swing, and Velvet Kiss.