Debt / Equity is defined as:
Total Debt
(/) Total Common Equity
(=) Debt / Equity
Debt / Equity for Advanced Flower Capital is calculated as follows:
Total Debt [ 182.1 M]
(/) Total Common Equity [ 194.4 M ]
(=) Debt / Equity [ 93.7% ]
The tables below summarizes the trend in Advanced Flower Capital’s Debt / Equity over the last five years:
| Fiscal Year |
Total Debt |
Total Common Equity |
Debt / Equity |
| 2020-12-31 |
zero |
NA |
0.0% |
| 2021-12-31 |
150.6 M |
239.9 M |
62.8% |
| 2022-12-31 |
146.7 M |
316.6 M |
46.3% |
| 2023-12-31 |
117.8 M |
289.9 M |
40.6% |
| 2024-12-31 |
182.1 M |
194.4 M |
93.7% |
The tables below summarizes the trend in Advanced Flower Capital’s Debt / Equity over the last four quarters:
| Fiscal Quarter |
Total Debt |
Total Common Equity |
Debt / Equity |
| 2024-03-31 |
137.3 M |
287.9 M |
47.7% |
| 2024-06-30 |
115.1 M |
293.4 M |
39.2% |
| 2024-09-30 |
133.3 M |
185.1 M |
72.0% |
| 2024-12-31 |
182.1 M |
194.4 M |
93.7% |
The higher the ratio, the more debt the company has in its capital structure.
Read More on HBR: Debt / Equity Ratio
Click the link below to download a spreadsheet with an example Price/Book calculation for Advanced Flower Capital Inc. below: