iFresh Inc. Debt/Equity

Debt/Equity of IFMK for past 10 years: annual, quarterly and twelve month trailing (TTM) including Debt/Equity growth rates and interactive chart. The debt-to-equity (D/E) ratio is calculated by dividing a company's total interest-bearing liabilities by its shareholder equity. These numbers are available on the balance sheet of a company's financial statements. The ratio is used to evaluate a company's financial leverage. The debt/equity ratio can be compared to a company's historical average or to peers. A ratio above 1 indicates the company has more debt than equity and a ratio above 3 is considered high. Below 0.5 means the company has little debt and significant capacity to expand it.

Highlights and Quick Summary

  • Debt/Equity for the quarter ending December 30, 2020 was 1.0 (a -8.98% decrease compared to previous quarter)
  • Year-over-year quarterly Debt/Equity decreased by -112.51%
  • Annual Debt/Equity for 2020 was -8.03 (a -62.06% decrease from previous year)
  • Annual Debt/Equity for 2019 was -21.15 (a -766.45% decrease from previous year)
  • Annual Debt/Equity for 2018 was 3.17 (a 30.3% increase from previous year)
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Historical Debt/Equity of iFresh Inc.

Most recent Debt/Equityof IFMK including historical data for past 10 years.

Interactive Chart of Debt/Equity of iFresh Inc.

iFresh Inc. Debt/Equity for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 1.0 1.1 1.35 -8.03 -8.03
2019 -20.36 -13.11 -15.78 -21.15 -21.15
2018 10.07 19.42 6.39 3.17 3.17
2017 3.34 2.81 2.41 2.44 2.44
2016 0.0 0.0 0.0 0.79
2015 0.79

Business Profile of iFresh Inc.

Sector: Consumer Defensive
Industry: Grocery Stores
iFresh Inc., through its subsidiaries, operates a network of grocery supermarket chains in the north-eastern United States. It operates through Wholesale and Retail segments. The company provides vegetables, seafood, meat, fruits, snacks, seasonings, and spices, such as peanut oil, cooking wine, vinegar, dark soy sauce, black bean sauce, pepper oil, and chilly oil; tea, condiments, canned goods, flour products, marine food products, candies groceries, traditional Chinese medicine, health products, and dried food; rice and rice products; assortment of noodles, frozen vegetables, frozen dumplings, frozen seafood products, and aquatic products; and cooking utensils. Its brand portfolio includes Family Elephant, Feiyan, Green Acre, Golden Smell, Redolent, and I FRESH. The company also distributes its products to wholesale stores, retail supermarkets, and restaurants. As of August 10, 2020, it operated nine retail supermarkets and two in-house wholesale businesses. The company offers its products through online sales channels and delivery network in suburban areas. iFresh Inc. was founded in 1995 and is headquartered in Long Island City, New York.