Delivra Health Brands (Delivra Health Brands) LT-Debt-to-Total-Asset : 0.19 (As of Mar. 2024)

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What is Delivra Health Brands 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. Delivra Health Brands's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.19.

Delivra Health Brands's long-term debt to total assets ratio increased from Mar. 2023 (0.15) to Mar. 2024 (0.19). It may suggest that Delivra Health Brands is progressively becoming more dependent on debt to grow their business.

Delivra Health Brands LT-Debt-to-Total-Asset Historical Data

The historical data trend for Delivra Health Brands'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.

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Delivra Health Brands LT-Debt-to-Total-Asset Chart

Delivra Health Brands Annual Data

Trend

Dec14

Dec15

Dec16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.04

0.10

0.14

0.16

Delivra Health Brands Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.16	0.15	0.17	0.19

Delivra Health Brands LT-Debt-to-Total-Asset Calculation

Delivra Health Brands's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	1.283	/	7.95
	=	0.16

Delivra Health Brands's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1.278	/	6.88
	=	0.19

Delivra Health Brands (OTCPK:DHBUF) 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.

Delivra Health Brands LT-Debt-to-Total-Asset Related Terms

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Delivra Health Brands (Delivra Health Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Delivra Health Brands Inc (OTCPK:DHBUF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

U01:Germany DHB:Canada

Address

999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2

Website

https://www.delivrahealthbrands.com

Delivra Health Brands Inc helping people take control of health with alternative wellness solutions. Its portfolio features brands like Dream Water and LivRelief that deliver relief from common, everyday issues like chronic pain, anxiety, and sleeplessness. The principal activities of the company are to provide lifestyle and health and wellness products to consumers and patients in regulated markets. The company geographically operates in Canada and United States, out of which it generates maximum revenue from Unites States.