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Canna (CNCC) Debt-to-Asset : 0.62 (As of Jun. 2019)


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What is Canna Debt-to-Asset?

Canna's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $0.91 Mil. Canna's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $0.00 Mil. Canna's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2019 was $1.46 Mil. Canna's debt to asset for the quarter that ended in Jun. 2019 was 0.62.

Canna Debt-to-Asset Historical Data

The historical data trend for Canna'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.

* Premium members only.

Canna Debt-to-Asset Chart

Canna Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Debt-to-Asset
- - 6.00 1.12

Canna Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.20 0.64 1.12 1.49 0.62

Competitive Comparison of Canna's Debt-to-Asset

For the Software - Application subindustry, Canna'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.

Canna's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Canna's Debt-to-Asset distribution charts can be found below:

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


Canna Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Canna's Debt-to-Asset for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1.746 + 0.036) / 1.598
=1.12

Canna's Debt-to-Asset for the quarter that ended in Jun. 2019 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.909 + 0) / 1.459
=0.62

* 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.

Canna  (OTCPK:CNCC) 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.

Canna Debt-to-Asset Related Terms

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Canna (CNCC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Canna Corp (OTCPK:CNCC) » Definitions » Debt-to-Asset
Comparable Companies
MRIN ANY PALT NUKK EVOL INLX SSNT DUUO VLDI GRWC CRM XTER:SAP TSX:SHOP INTU NOW UBER TEAM ADSK XPAR:DSY WDAY
Traded in Other Exchanges
N/A
Address
20200 Dixie Highway, Suite 906, Miami, FL, USA, 33180
Website
http://www.miningpowergroup.com
Canna Corp is a holding company. The company is involved in the crypto mining business. It also plans to invest in the development of proprietary crypto mining hardware and software. The company also include the operation of data centers to provide low-cost hosting services to cryptocurrency miners from around the world.