Flow Beverage (TSX:FLOW) LT-Debt-to-Total-Asset : 0.67 (As of Jan. 2024)

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What is Flow Beverage 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. Flow Beverage's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.67.

Flow Beverage's long-term debt to total assets ratio increased from Jan. 2023 (0.41) to Jan. 2024 (0.67). It may suggest that Flow Beverage is progressively becoming more dependent on debt to grow their business.

Flow Beverage LT-Debt-to-Total-Asset Historical Data

The historical data trend for Flow Beverage'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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Flow Beverage LT-Debt-to-Total-Asset Chart

Flow Beverage Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Oct21

Oct22

Oct23

LT-Debt-to-Total-Asset

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0.19

0.18

0.50

Flow Beverage Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.41	0.21	0.28	0.50	0.67

Flow Beverage LT-Debt-to-Total-Asset Calculation

Flow Beverage's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (A: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )	/	Total Assets (A: Oct. 2023 )
	=	27.482	/	54.936
	=	0.50

Flow Beverage's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	38.427	/	57.343
	=	0.67

Flow Beverage (TSX:FLOW) 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.

Flow Beverage LT-Debt-to-Total-Asset Related Terms

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Flow Beverage (TSX:FLOW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Flow Beverage Corp (TSX:FLOW) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

FLWBF:USA

Address

155 Industrial Parkway South, Unit 7-10, Aurora, ON, CAN, L4G 3G6

Website

https://www.flowhydration.com

Flow Beverage Corp is a health and wellness-focused beverage company at the convergence of three important trends in the consumer-packaged goods industry including functional ingredients, sustainable packaging and supply chain and premium quality. It markets its premium alkaline spring water in Canada and the United States in original unflavoured and a range of organic flavors in various sizes.