Cannabis Suisse (Cannabis Suisse) LT-Debt-to-Total-Asset : 1.13 (As of Feb. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Cannabis Suisse LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Cannabis Suisse's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 1.13.

Cannabis Suisse's long-term debt to total assets ratio increased from Feb. 2023 (1.02) to Feb. 2024 (1.13). It may suggest that Cannabis Suisse is progressively becoming more dependent on debt to grow their business.

Cannabis Suisse LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cannabis Suisse's LT-Debt-to-Total-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.

Cannabis Suisse LT-Debt-to-Total-Asset Chart

Cannabis Suisse Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.19

0.99

Cannabis Suisse Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															1.02	0.99	0.98	0.96	1.13

Cannabis Suisse LT-Debt-to-Total-Asset Calculation

Cannabis Suisse's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

LT Debt to Total Assets (A: May. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2023 )	/	Total Assets (A: May. 2023 )
	=	0.342	/	0.346
	=	0.99

Cannabis Suisse's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	0.593	/	0.526
	=	1.13

Cannabis Suisse (OTCPK:CSUI) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Cannabis Suisse LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Cannabis Suisse's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.