GSRX Industries Debt/Equity
What is the Debt/Equity of GSRX Industries?
The Debt/Equity of GSRX Industries, Inc. is 55.52
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 Health Care sector on OTC compared to GSRX Industries
What does GSRX Industries do?
GSRX Industries Inc., through its subsidiaries, engages in acquiring, developing, and operating retail cannabis dispensaries. It operates five cannabis dispensaries under the Green Spirit RX name in Puerto Rico; and a dispensary under The Green Room name in California. The company also owns and operates GetPureAndNatural.com, an e-commerce site that offers a range of hemp extract products. In addition, it focuses on the extraction, manufacture, distribution, and delivery of cannabis and cannabinoid products. The company was formerly known as Green Spirit Industries Inc. and changed its name to GSRX Industries Inc. in July 2018. GSRX Industries Inc. is headquartered in Dorado, Puerto Rico.
Companies with debt/equity similar to GSRX Industries
- Federal National Mortgage Association has Debt/Equity of 54.68
- Federal National Mortgage Association has Debt/Equity of 54.68
- ArcLight Clean Transition has Debt/Equity of 54.77
- e IRD SA has Debt/Equity of 55.08
- Opes Acquisition has Debt/Equity of 55.32
- Tuscan has Debt/Equity of 55.48
- GSRX Industries has Debt/Equity of 55.52
- APN Industria REIT has Debt/Equity of 55.57
- Colfax has Debt/Equity of 55.57
- China Yu Tian has Debt/Equity of 55.89
- AGBA Acquisition has Debt/Equity of 55.91
- DiamondPeak has Debt/Equity of 55.96
- Starlog Enterprises has Debt/Equity of 56.56