Halo Food Co (ASX:HLF) Debt-to-Asset : 0.48 (As of Mar. 2023)

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What is Halo Food Co Debt-to-Asset?

Halo Food Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was A$7.48 Mil. Halo Food Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was A$20.76 Mil. Halo Food Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2023 was A$58.61 Mil. Halo Food Co's debt to asset for the quarter that ended in Mar. 2023 was 0.48.

Halo Food Co Debt-to-Asset Historical Data

The historical data trend for Halo Food Co's Debt-to-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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Halo Food Co Debt-to-Asset Chart

Halo Food Co Annual Data

Trend

Sep17

Mar19

Mar20

Mar21

Mar22

Debt-to-Asset

0.14

0.18

0.20

Halo Food Co Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-Asset	Get a 7-Day Free Trial					0.18	0.21	0.20	0.15	0.48

Competitive Comparison of Halo Food Co's Debt-to-Asset

For the Packaged Foods subindustry, Halo Food Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Halo Food Co's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Halo Food Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Halo Food Co's Debt-to-Asset falls into.

Halo Food Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Halo Food Co's Debt-to-Asset for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(6.252	+	11.839)	/	88.467
	=	0.20

Halo Food Co's Debt-to-Asset for the quarter that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(7.477	+	20.76)	/	58.607
	=	0.48

Halo Food Co (ASX:HLF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Halo Food Co Debt-to-Asset Related Terms

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Halo Food Co (ASX:HLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Halo Food Co Ltd (ASX:HLF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

26-28 Bond Street, Level 5, Mordialloc, Melbourne, VIC, AUS, 3195

Website

https://www.halofoodco.com

Halo Food Co Ltd is engaged in the manufacturing and exporting of dairy, health, and wellness, and nutritional products, with a particular focus on formulated powdered products, ready-to-drink protein drinks. The Group earns the majority of its revenues from the sales of its proprietary products and contract manufacturing.