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Tiger Reef (Tiger Reef) Debt-to-Equity : -0.16 (As of Jun. 2017)


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What is Tiger Reef Debt-to-Equity?

Tiger Reef's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.12 Mil. Tiger Reef's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.00 Mil. Tiger Reef's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $-0.78 Mil. Tiger Reef's debt to equity for the quarter that ended in Jun. 2017 was -0.16.

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 Tiger Reef's Debt-to-Equity or its related term are showing as below:

TGRR's Debt-to-Equity is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 0.395
* Ranked among companies with meaningful Debt-to-Equity only.

Tiger Reef Debt-to-Equity Historical Data

The historical data trend for Tiger Reef'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.

Tiger Reef Debt-to-Equity Chart

Tiger Reef Annual Data
Trend Dec13 Dec14 Dec15 Dec16
Debt-to-Equity
N/A -0.55 0.25 -0.21

Tiger Reef Quarterly Data
Sep13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -0.31 -0.32 -0.21 -0.20 -0.16

Competitive Comparison of Tiger Reef's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Tiger Reef'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.

Tiger Reef's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

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

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


Tiger Reef Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tiger Reef's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 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
=(0.051 + 0) / -0.242
=-0.21

Tiger Reef's Debt to Equity Ratio for the quarter that ended in Jun. 2017 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
=(0.122 + 0) / -0.779
=-0.16

* 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.

Tiger Reef  (OTCPK:TGRR) 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.

Tiger Reef Debt-to-Equity Related Terms

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

Tiger Reef (Tiger Reef) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tiger Reef Inc (OTCPK:TGRR) » Definitions » Debt-to-Equity
Comparable Companies
TSXV:FGH BOM:531635 WAR:TLV XZIM:AFDS.ZW NSE:RKDL BOM:507498 NSE:AURDIS ASX:DW8 PACV XKLS:5188 XSAT:UMIDA B THST ASX:AWY SGX:BKV OTSE:LINDA ESDI OSTO:MACK B VDKB BOM:530305 LSE:GUS
Traded in Other Exchanges
N/A
Address
Wellsburg Street No. 7, Dutch West Indies, Cole Bay, SXM
Website
http://www.tigerreefinc.com
Tiger Reef Inc is a producer of ultra-premium rums under the Tiger Reef brand. It is also a developer of casual dining restaurant properties in the Caribbean under the Mermaid Reef Ocean Grill and Lounge brand.