Pacific Ventures Debt/Equity
What is the Debt/Equity of Pacific Ventures?
The Debt/Equity of Pacific Ventures Group, Inc. is -1.31
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 Consumer Staples sector on OTC compared to Pacific Ventures
What does Pacific Ventures do?
Pacific Ventures Group, Inc., through its subsidiaries, produces, sells, and distributes alcohol-infused ice creams and ice-pops. It sells its alcohol-infused ice-pops and ice creams under the SnöBar brand name. The company is also involved in the sale and lease of freezers, as well as the provision of marketing services; and wholesale and retail of fresh and specialty produce, and food products to restaurants, hotels, clubs and bars, resorts, food trucks, and caterers. Pacific Ventures Group, Inc. is headquartered in Los Angeles, California.
Companies with debt/equity similar to Pacific Ventures
- H-Source has Debt/Equity of -1.32
- DSG Global has Debt/Equity of -1.32
- ASF has Debt/Equity of -1.32
- Spectral Medical has Debt/Equity of -1.31
- Spectral Medical has Debt/Equity of -1.31
- TrustBIX has Debt/Equity of -1.31
- Pacific Ventures has Debt/Equity of -1.31
- New Minerals Ltd has Debt/Equity of -1.31
- Amarillo Biosciences has Debt/Equity of -1.31
- Veritas Pharma has Debt/Equity of -1.31
- Nevada Zinc has Debt/Equity of -1.31
- CytoDyn has Debt/Equity of -1.31
- Maple Leaf Green World has Debt/Equity of -1.31