Spot Coffee (Canada) (TSXV:SPP) Debt-to-Equity : -1.18 (As of Sep. 2023)

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What is Spot Coffee (Canada) Debt-to-Equity?

Spot Coffee (Canada)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$3.24 Mil. Spot Coffee (Canada)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$3.45 Mil. Spot Coffee (Canada)'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$-5.68 Mil. Spot Coffee (Canada)'s debt to equity for the quarter that ended in Sep. 2023 was -1.18.

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 Spot Coffee (Canada)'s Debt-to-Equity or its related term are showing as below:

TSXV:SPP' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.1 Med: -1.4 Max: 72.73
Current: -1.18

During the past 13 years, the highest Debt-to-Equity Ratio of Spot Coffee (Canada) was 72.73. The lowest was -12.10. And the median was -1.40.

TSXV:SPP's Debt-to-Equity is not ranked
in the Restaurants industry.
Industry Median: 0.94 vs TSXV:SPP: -1.18

Spot Coffee (Canada) Debt-to-Equity Historical Data

The historical data trend for Spot Coffee (Canada)'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.

Spot Coffee (Canada) Debt-to-Equity Chart

Spot Coffee (Canada) Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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-1.99

-1.84

-1.29

-1.55

-1.54

Spot Coffee (Canada) Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-1.24	-1.21	-1.54	-1.34	-1.18

Competitive Comparison of Spot Coffee (Canada)'s Debt-to-Equity

For the Restaurants subindustry, Spot Coffee (Canada)'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.

Spot Coffee (Canada)'s Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Spot Coffee (Canada)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Spot Coffee (Canada)'s Debt-to-Equity falls into.

Spot Coffee (Canada) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spot Coffee (Canada)'s Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(3.564	+	3.714)	/	-4.736
	=	-1.54

Spot Coffee (Canada)'s Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(3.239	+	3.453)	/	-5.681
	=	-1.18

Spot Coffee (Canada) (TSXV:SPP) 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.

Spot Coffee (Canada) Debt-to-Equity Related Terms

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

Spot Coffee (Canada) (TSXV:SPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Spot Coffee (Canada) Ltd (TSXV:SPP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SCFFF:USA

Address

141, Adelaide Street West, Suite 1007, Toronto, ON, CAN, M5H 3L5

Website

https://www.spotcoffee.com

Spot Coffee (Canada) Ltd is a Canada-based company that designs, builds, and operates community-oriented cafes. It provides customer service, light meals, and in-house roasted gourmet coffee. The company's geographical segments include Canada and the United States of America. It derives a majority of revenue from the United States of America. The company generates maximum revenue from retail sales.

Executives

Anton Michel Ayoub

Director, Senior Officer

Spot Coffee (Canada) (TSXV:SPP) Headlines

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