Borealis Foods Inc. (BRLS) Debt to Equity Ratio: -1.20
Is Borealis Foods Inc.’s debt to equity ratio high or low?
Borealis Foods Inc.'s debt to equity ratio of -1.20 is 137% below its 5-year average of 3.21, near the low end of its 5-year range (0.27–8.88).
The debt to equity ratio for Borealis Foods Inc. (BRLS) is -1.20 as of Wednesday, June 10, 2026. It is below its 12-month average by 126.23% (4.58).
BRLS Debt to Equity Ratio Chart
BRLS Average Debt to Equity Ratio Chart
BRLS Current vs Average Debt to Equity Ratio Chart
BRLS Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
-1.20
DEBT TO EQUITY RATIO AVG TTM
4.58
DEBT TO EQUITY RATIO AVG 3Y
3.21
DEBT TO EQUITY RATIO AVG 5Y
3.21
DEBT TO EQUITY RATIO AVG 10Y
3.21
DEBT TO EQUITY RATIO AVG 15Y
3.21
DEBT TO EQUITY RATIO AVG 20Y
3.21
CURRENT VS TTM AVG
-126.23%
CURRENT VS 3Y AVG
-137.42%
CURRENT VS 5Y AVG
-137.42%
CURRENT VS 10Y AVG
-137.42%
CURRENT VS 15Y AVG
-137.42%
CURRENT VS 20Y AVG
-137.42%
BRLS Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Borealis Foods Inc. (BRLS) | — | -1.20 | 4.58 | 3.21 | 3.21 |
| Conagra Brands, Inc. (CAG) | $6.37B | 0.90 | 0.96 | 1.01 | 1.06 |
| Celsius Holdings, Inc. (CELH) | $7.43B | 0.23 | 0.13 | 0.06 | 0.05 |
| The Clorox Company (CLX) | $12.08B | 8.97 | 8.91 | 9.17 | 7.97 |
| The J. M. Smucker Company (SJM) | $12.45B | 1.28 | 1.28 | 1.07 | 0.91 |
| McCormick & Company, Incorporated (MKC) | $13.25B | 0.70 | 0.77 | 0.90 | 1.02 |
| Hormel Foods Corporation (HRL) | $13.38B | 0.36 | 0.36 | 0.40 | 0.38 |
| General Mills, Inc. (GIS) | $18.02B | 1.66 | 1.54 | 1.34 | 1.41 |
| Dollar Tree, Inc. (DLTR) | $21.29B | 1.23 | 1.60 | 1.40 | 1.33 |
| Church & Dwight Co., Inc. (CHD) | $23.34B | 0.55 | 0.55 | 0.65 | 0.70 |
Financial Health
Debt/Equity
-1.20
Current Ratio
0.12
Borealis Foods Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Borealis Foods Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Borealis Foods Inc. (BRLS)?
- The debt to equity ratio for BRLS stock is -1.20.
- Is Borealis Foods Inc.'s debt to equity ratio high or low?
- Borealis Foods Inc.'s debt to equity ratio of -1.20 is 137% below its 5-year average of 3.21, near the low end of its 5-year range (0.27–8.88).
- What is the TTM average debt to equity ratio for Borealis Foods Inc. (BRLS)?
- The TTM average debt to equity ratio for BRLS stock is 4.58.
- What is the 3Y average debt to equity ratio for Borealis Foods Inc. (BRLS)?
- The 3Y average debt to equity ratio for BRLS stock is 3.21.
- What is the 5Y average debt to equity ratio for Borealis Foods Inc. (BRLS)?
- The 5Y average debt to equity ratio for BRLS stock is 3.21.
- What is the 10Y average debt to equity ratio for Borealis Foods Inc. (BRLS)?
- The 10Y average debt to equity ratio for BRLS stock is 3.21.
- What is the 15Y average debt to equity ratio for Borealis Foods Inc. (BRLS)?
- The 15Y average debt to equity ratio for BRLS stock is 3.21.
- What is the 20Y average debt to equity ratio for Borealis Foods Inc. (BRLS)?
- The 20Y average debt to equity ratio for BRLS stock is 3.21.
Borealis Foods Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2023-12-31 | 0.27 |
| 2022-12-31 | 8.88 |
| 2021-12-31 | 0.47 |
Related Metrics
About Borealis Foods Inc.
Borealis Foods Inc. is an enterprise focused on the distribution of food products that are rich in plant-derived protein. The company's offerings feature Chef Woo, a meat alternative with a high protein content, and Ramen Express, which provides vegetarian ramen noodle selections. Established in 2020, Borealis Foods Inc. conducts its operations from its headquarters in Oakville, Canada.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- Reza Soltanzadeh