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Stryve Foods (Stryve Foods) Debt-to-Equity : 15.07 (As of Dec. 2023)


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What is Stryve Foods Debt-to-Equity?

Stryve Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.63 Mil. Stryve Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15.35 Mil. Stryve Foods's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1.59 Mil. Stryve Foods's debt to equity for the quarter that ended in Dec. 2023 was 15.07.

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 Stryve Foods's Debt-to-Equity or its related term are showing as below:

SNAX' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.22   Med: 1.02   Max: 15.07
Current: 15.07

During the past 4 years, the highest Debt-to-Equity Ratio of Stryve Foods was 15.07. The lowest was -3.22. And the median was 1.02.

SNAX's Debt-to-Equity is ranked worse than
99.15% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs SNAX: 15.07

Stryve Foods Debt-to-Equity Historical Data

The historical data trend for Stryve Foods'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.

Stryve Foods Debt-to-Equity Chart

Stryve Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-3.22 0.93 1.11 15.07

Stryve Foods Quarterly Data
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 1.11 1.75 2.38 4.00 15.07

Competitive Comparison of Stryve Foods's Debt-to-Equity

For the Packaged Foods subindustry, Stryve Foods'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.


Stryve Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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



Stryve Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Stryve Foods'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.


Stryve Foods  (NAS:SNAX) 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.


Stryve Foods Debt-to-Equity Related Terms

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


Stryve Foods (Stryve Foods) Business Description

Traded in Other Exchanges
N/A
Address
5801 Tennyson Parkway, Suite 275, Plano, TX, USA, 75024
Stryve Foods Inc is focused on manufacturing and marketing highly differentiated healthy snacks that disrupt traditional snacking categories. It offers convenient snacks that are lower in sugar and carbohydrates and higher in protein than other snacks. Stryve offers all-natural, delicious snacks which it believes are a nutritious and conveniently healthy snacking option for on-the-go lives.
Executives
Christopher J. Boever director, officer: CEO C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
B. Luke Weil director CARRERA 10 NO. 28-49, TORRE A. OFICINA 20-05, BOGOTA F8 XXXXX
Kevin Vivian director 5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Mauricio Orellana director 250 WEST 57TH ST., NEW YORK NY 10107
Alex Hawkins officer: CFO 5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Chris Whitehair director 7301 OHMS LANE SUITE 600, EDINA MN 55439
Ramsey Robert D. Iii director 5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Ted Casey director 5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Gregory Stephen Christenson director 500 WEST 5TH STREET, AUSTIN TX 78701
Joe A Oblas director, officer: Co-Chief Executive Officer 65 INVERNESS DRIVE EAST, SUITE 105, ENGLEWOOD CO 80112
Charles D Vogt director TEKELEC, 26580 WEST AGOURA ROAD, CALABASAS CA 91302
Efrem Kamen 10 percent owner C/O PURA VIDA INVESTMENTS, LLC, 512 W 22ND STREET, 7TH FLOOR, NEW YORK NY 10011
Pura Vida Investments, Llc 10 percent owner 512 W 22ND STREET, 7TH FLOOR, NEW YORK NY 10011
Jaxie S. Alt director, officer: Co-CEO & CMO 5301 LEGACY DRIVE, PLANO TX 75024
Stryve Foods Holdings, Llc 10 percent owner 5801 TENNYSON PARKWAY, SUITE 275, PLANO TX 75024