Solarvest Bio Debt/Equity
What is the Debt/Equity of Solarvest Bio?
The Debt/Equity of Solarvest BioEnergy, Inc. is -1.11
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Industrials sector on TSXV compared to Solarvest Bio
What does Solarvest Bio do?
Solarvest BioEnergy Inc. engages in the development of algal-based production systems to produce natural based green commercial products in Canada and internationally. The company provides human nutrition products, including omega-3; and pharmaceutical ingredients for human health comprising cannabinoids in algae and bone morphogenetic protein for the treatment of repairing bone fractures. It has a collaborative research and development agreement with FSD Pharma Inc. to develop algae-based pharmaceutical grade cannabinoids. The company was incorporated in 2005 and is based in Vancouver, Canada.
Companies with debt/equity similar to Solarvest Bio
- VIP Entertainment Technologies has Debt/Equity of -1.12
- Tian Poh Resources has Debt/Equity of -1.12
- ShoulderUp Technology Acquisition has Debt/Equity of -1.11
- Sennen Potash has Debt/Equity of -1.11
- Pershing Square Tontine has Debt/Equity of -1.11
- Sparx Technology Inc has Debt/Equity of -1.11
- Solarvest Bio has Debt/Equity of -1.11
- Entrée Resources has Debt/Equity of -1.11
- Clubhouse Media has Debt/Equity of -1.11
- Xtierra has Debt/Equity of -1.11
- Westcore has Debt/Equity of -1.11
- Totally Hip Technologies has Debt/Equity of -1.11
- Hanwei Services has Debt/Equity of -1.11