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Hempacco Co (Hempacco Co) Debt-to-Asset : 0.26 (As of Sep. 2023)


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What is Hempacco Co Debt-to-Asset?

Hempacco Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.55 Mil. Hempacco Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.17 Mil. Hempacco Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $14.44 Mil. Hempacco Co's debt to asset for the quarter that ended in Sep. 2023 was 0.26.

Hempacco Co Debt-to-Asset Historical Data

The historical data trend for Hempacco Co's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hempacco Co Debt-to-Asset Chart

Hempacco Co Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Asset
0.39 0.30 0.07

Hempacco Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.07 0.05 0.06 0.26

Competitive Comparison of Hempacco Co's Debt-to-Asset

For the Tobacco subindustry, Hempacco Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hempacco Co's Debt-to-Asset Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Hempacco Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hempacco Co's Debt-to-Asset falls into.


Hempacco Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hempacco Co's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.285 + 0.402) / 9.482
=0.07

Hempacco Co's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3.552 + 0.171) / 14.438
=0.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hempacco Co  (NAS:HPCO) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Hempacco Co Debt-to-Asset Related Terms

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Hempacco Co (Hempacco Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Hempacco Co Inc (NAS:HPCO) » Definitions » Debt-to-Asset
Comparable Companies
XXII VPRB KAVL CBDW GNLN CHUC PYYX PM MO LSE:BATS NSE:ITC TSE:2914 LSE:IMB XKRX:033780 ISX:HMSP HKSE:06969 ISX:GGRM DHA:BATBC CAI:EAST XPRA:TABAK
Traded in Other Exchanges
N/A
Address
9925 Airway Road, San Diego, CA, USA, 92154
Website
https://hempaccoinc.com
Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.
Executives
Stuart W Titus director 2015 S. TUTTLE AVE A, SARASOTA FL 34239
Sandro Piancone director, 10 percent owner, officer: CEO & President 826 SCENIC TERRANCE PLACE, CHULA VISTA CA 92154
Neville Pearson officer: Chief Financial Officer 9925 AIRWAY ROAD, SAN DIEGO CA 92154
Miki Stephens director 9925 AIRWAY ROAD, SAN DIEGO CA 92154
Jerry Halamuda director 9925 AIRWAY ROAD, SAN DIEGO CA 92154