Future Farm Technologies (XCNQ:FFT) LT-Debt-to-Total-Asset : 0.02 (As of Nov. 2019)

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What is Future Farm Technologies 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. Future Farm Technologies's long-term debt to total assests ratio for the quarter that ended in Nov. 2019 was 0.02.

Future Farm Technologies's long-term debt to total assets ratio increased from Nov. 2018 (0.01) to Nov. 2019 (0.02). It may suggest that Future Farm Technologies is progressively becoming more dependent on debt to grow their business.

Future Farm Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Future Farm Technologies'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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Future Farm Technologies LT-Debt-to-Total-Asset Chart

Future Farm Technologies Annual Data

Trend

Feb10

Feb11

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

LT-Debt-to-Total-Asset

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0.11

0.07

0.01

Future Farm Technologies Quarterly Data
	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.02	0.02

Future Farm Technologies LT-Debt-to-Total-Asset Calculation

Future Farm Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2019 is calculated as

LT Debt to Total Assets (A: Feb. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2019 )	/	Total Assets (A: Feb. 2019 )
	=	0.138	/	10.028
	=	0.01

Future Farm Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2019 is calculated as

LT Debt to Total Assets (Q: Nov. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2019 )	/	Total Assets (Q: Nov. 2019 )
	=	0.167	/	7.572
	=	0.02

Future Farm Technologies (XCNQ:FFT) 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.

Future Farm Technologies LT-Debt-to-Total-Asset Related Terms

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Future Farm Technologies (XCNQ:FFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Future Farm Technologies Inc (XCNQ:FFT) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8

Website

http://www.futurefarmtech.com

Future Farm Technologies Inc is an indoor plant growth technology company. It operates through the following segments: Indoor plant growth technology specializing in LED lighting and vertical farming solutions; and the operation of an ornamental plant greenhouse. The firm generates majority revenue from Nursery plants.

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