Radient Technologies Debt/Equity
What is the Debt/Equity of Radient Technologies?
The Debt/Equity of Radient Technologies, Inc. is -3.74
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 Radient Technologies
What does Radient Technologies do?
Radient Technologies Inc., together with its subsidiaries, processes, sells, and distributes cannabis materials in Canada. It offers cannabis oil, standardized cannabinoid ingredients, cannabis extracts, and cannabis formulations. The company also provides extraction services for the extraction, purification, and isolation of cannabinoids for third parties. Its ingredients are used in natural food and beverage products, personal care products, and nutraceutical and pharmaceutical products. Radient Technologies Inc. was incorporated in 2001 and is headquartered in Edmonton, Canada.
Companies with debt/equity similar to Radient Technologies
- Gyscoal Alloys has Debt/Equity of -3.77
- CommScope Inc has Debt/Equity of -3.77
- Lumina Gold has Debt/Equity of -3.76
- NatureBank Asset Management has Debt/Equity of -3.75
- ManifestSeven has Debt/Equity of -3.75
- Evoke Pharma Inc has Debt/Equity of -3.74
- Radient Technologies has Debt/Equity of -3.74
- OCL Iron and Steel has Debt/Equity of -3.74
- OCL Iron and Steel has Debt/Equity of -3.74
- UroGen Pharma Ltd has Debt/Equity of -3.73
- Madhucon Projects has Debt/Equity of -3.69
- Sacgasco has Debt/Equity of -3.69
- Northern Minerals has Debt/Equity of -3.69