Hampton Financial (TSXV:HFC) LT-Debt-to-Total-Asset : 0.99 (As of Feb. 2024)

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What is Hampton Financial 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. Hampton Financial's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.99.

Hampton Financial's long-term debt to total assets ratio increased from Feb. 2023 (0.79) to Feb. 2024 (0.99). It may suggest that Hampton Financial is progressively becoming more dependent on debt to grow their business.

Hampton Financial LT-Debt-to-Total-Asset Historical Data

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

Hampton Financial Annual Data

Trend

Jun15

Jun16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

LT-Debt-to-Total-Asset

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0.01

0.46

0.28

0.46

1.16

Hampton Financial Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.79	0.67	1.16	0.96	0.99

Hampton Financial LT-Debt-to-Total-Asset Calculation

Hampton Financial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (A: Aug. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2023 )	/	Total Assets (A: Aug. 2023 )
	=	11.949	/	10.299
	=	1.16

Hampton Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	12.82	/	12.952
	=	0.99

Hampton Financial (TSXV:HFC) 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.

Hampton Financial LT-Debt-to-Total-Asset Related Terms

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Hampton Financial (TSXV:HFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hampton Financial Corp (TSXV:HFC) » Definitions » LT-Debt-to-Total-Asset

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Address

141 Adelaide Street West, Suite 1800, Toronto, ON, CAN, M5H 3L5

Website

http://www.hamptonsecurities.com

Hampton Financial Corp along with its subsidiaries operates as an investment dealer and provides investment advisory and brokerage services. It also offers wealth management services to retail and institutional clients. In addition, the company provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on a recognized securities exchange in Canada. The Company operates in only one business segment, namely investment advisory and brokerage services.

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