Pure Harvestorate Group (Pure Harvestorate Group) Debt-to-Asset : 0.62 (As of Mar. 2022)

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What is Pure Harvestorate Group Debt-to-Asset?

Pure Harvestorate Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $4.16 Mil. Pure Harvestorate Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $1.29 Mil. Pure Harvestorate Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2022 was $8.77 Mil. Pure Harvestorate Group's debt to asset for the quarter that ended in Mar. 2022 was 0.62.

Pure Harvestorate Group Debt-to-Asset Historical Data

The historical data trend for Pure Harvestorate Group'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.

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Pure Harvestorate Group Debt-to-Asset Chart

Pure Harvestorate Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Asset

117.00

0.84

0.23

0.34

0.63

Pure Harvestorate Group Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Debt-to-Asset	Get a 7-Day Free Trial													0.39	0.46	0.51	0.63	0.62

Competitive Comparison of Pure Harvestorate Group's Debt-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Pure Harvestorate Group'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.

Pure Harvestorate Group's Debt-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pure Harvestorate Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Pure Harvestorate Group's Debt-to-Asset falls into.

Pure Harvestorate Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Pure Harvestorate Group's Debt-to-Asset for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(4.166	+	1.29)	/	8.714
	=	0.63

Pure Harvestorate Group's Debt-to-Asset for the quarter that ended in Mar. 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
	=	(4.161	+	1.29)	/	8.774
	=	0.62

Pure Harvestorate Group (OTCPK:PHCG) 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.

Pure Harvestorate Group Debt-to-Asset Related Terms

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Pure Harvestorate Group (Pure Harvestorate Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Pure Harvest Corporate Group Inc (OTCPK:PHCG) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8879 Forest Drive, Littleton, CO, USA, 80126

Website

https://www.pureharvestgroup.com

The Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) is a publicly-traded holding company focused on emerging and high-growth industries. The PHCG team is committed to formulating, manufacturing, and distributing high-quality cannabis and hemp-derived cannabinoid consumer products in markets where it is legal to do so. The Company has developed numerous retail brands and product lines that are currently available for purchase in select markets. Pure Harvest intends to grow its cannabis, hemp-derived cannabinoids, and Test Kitchen operations and expand globally as the laws regarding cannabis are reviewed and rewritten to repeal their prohibition.