ADVT (Advantis) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2099)

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What is Advantis 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. Advantis's long-term debt to total assests ratio for the quarter that ended in Dec. 2099 was 0.11.

Advantis's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2099 (0.11). It may suggest that Advantis is progressively becoming more dependent on debt to grow their business.

Advantis LT-Debt-to-Total-Asset Historical Data

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

Advantis Annual Data

Trend

Dec99

LT-Debt-to-Total-Asset

0.11

Advantis Semi-Annual Data
	Dec99
LT-Debt-to-Total-Asset	0.11

Advantis LT-Debt-to-Total-Asset Calculation

Advantis's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2099 is calculated as

LT Debt to Total Assets (A: Dec. 2099 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2099 )	/	Total Assets (A: Dec. 2099 )
	=	1.342	/	12.68
	=	0.11

Advantis's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2099 is calculated as

LT Debt to Total Assets (Q: Dec. 2099 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2099 )	/	Total Assets (Q: Dec. 2099 )
	=	1.342	/	12.68
	=	0.11

Advantis (OTCPK:ADVT) 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.

Advantis LT-Debt-to-Total-Asset Related Terms

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Advantis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Advantis Corp (OTCPK:ADVT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1048 Irvine boulevard, Suite 900, Newport Beach, CA, USA, 92660

Website

http://www.advantiscorp.com

Advantis Corp is a development stage company. It is pursuing business opportunities to the development of pharmaceutical grade CBD extractions, concentrates and medicines in Nevada, California, and Washington. The company is also establishing partnerships with businesses that develop and sell proprietary consumer products and services. It is developing a product line for the consumer, music, and entertainment sectors.

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