SHF Holdings (SHF Holdings) LT-Debt-to-Total-Asset : 0.16 (As of Mar. 2024)

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What is SHF Holdings 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. SHF Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.16.

SHF Holdings's long-term debt to total assets ratio increased from Mar. 2023 (0.16) to Mar. 2024 (0.16). It may suggest that SHF Holdings is progressively becoming more dependent on debt to grow their business.

SHF Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for SHF Holdings'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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SHF Holdings LT-Debt-to-Total-Asset Chart

SHF Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

0.18

SHF Holdings Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.16	0.19	0.18	0.18	0.16

SHF Holdings LT-Debt-to-Total-Asset Calculation

SHF Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	11.88	/	67.861
	=	0.18

SHF Holdings'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 )
	=	11.077	/	67.702
	=	0.16

SHF Holdings (NAS:SHFS) 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.

SHF Holdings LT-Debt-to-Total-Asset Related Terms

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SHF Holdings (SHF Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SHF Holdings Inc (NAS:SHFS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1526 Cole Boulevard, Suite 250, Golden, CO, USA, 80410

Website

https://www.shfinancial.org

SHF Holdings Inc is a financial services provider to cannabis-related businesses. It offers reliable access to banking solutions for cannabis, hemp, CBD, and ancillary operators, making communities safer, driving growth in local economies, and fostering long-term partnerships. The group, through its financial institution clients, implements accountability, transparency, monitoring, reporting and risk mitigation measures while meeting Bank Secrecy Act obligations in line with FinCEN guidance on cannabis-related businesses. Its services include Program Management Support, Customer Lead Generation, Ongoing Program Auditing, and Compliance Monitoring among others.

Executives

Doug Fagan	director	1526 COLE BLVD, SUITE 250, GOLDEN CO 80401
Sundie Seefried	officer: Chief Executive Officer	5269 W. 62ND AVENUE, ARVADA CO 80003
Dan Roda	officer: EVP / Chief Operating Officer	1526 COLE BLVD, SUITE 250, GOLDEN CO 80401
Jonathon Niehaus	director	5269 W. 62ND AVENUE, ARVADA CO 80003
Jonathan Summers	director	909 BANNOCK STREET, DENVER CO 80204
Donald Emmi	officer: Chief Legal Officer	5269 W. 62ND AVENUE, ARVADA CO 80003
Richard Carleton	director	5269 W. 62ND AVENUE, ARVADA CO 80003
John Darwin	director	909 BANNOCK STREET, DENVER CO 80204
Jennifer Meyers	director	5269 W. 62ND AVENUE, ARVADA CO 80003
Jim Dennedy	officer: Chief Financial Officer	5269 W. 62ND AVENUE, ARVADA CO 80003
Partner Colorado Credit Union	10 percent owner	6221 SHERIDAN BLVD, ARVADA CO 80003
Karl Racine	director	5269 W. 62ND AVENUE, ARVADA CO 80003
Tyler Beuerlein	officer: Chief Business Develop Officer	5269 W. 62ND AVENUE, ARVADA CO 80003
Midtown East Management Nl Llc	10 percent owner	ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Atalaya Special Purpose Investment Fund Ii Lp	10 percent owner	C/O ATALAYA CAPITAL MANAGEMENT LP, ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020