TILT Holdings (TILT Holdings) LT-Debt-to-Total-Asset : 0.38 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is TILT 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. TILT Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.38.

TILT Holdings's long-term debt to total assets ratio increased from Mar. 2023 (0.35) to Mar. 2024 (0.38). It may suggest that TILT Holdings is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for TILT 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.

* Premium members only.

TILT Holdings LT-Debt-to-Total-Asset Chart

TILT Holdings Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.16

0.18

0.15

0.40

TILT Holdings 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															0.35	0.40	0.36	0.40	0.38

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

TILT 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 )
	=	91.666	/	231.188
	=	0.40

TILT 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 )
	=	87.034	/	231.827
	=	0.38

TILT Holdings (OTCPK:TLLTF) 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.

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

Thank you for viewing the detailed overview of TILT Holdings's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

TILT Holdings (TILT Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TILT Holdings Inc (OTCPK:TLLTF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0T01:Germany TILT:Canada

Address

2801 E Camelback Road, Suite 180, Phoenix, AZ, USA, 85016

Website

https://www.tiltholdings.com

TILT Holdings Inc helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production. The majority of the revenue is generated from the Accessories segment which is engaged in the manufacturing and distribution of electronic, non-nicotine (i.e., cannabis) devices and systems. The company's geographical segments include the United States and Canada, of which the majority of the revenue is generated from the United States.