MustGrow Biologics (FRA:0C0) Debt-to-Asset : 0.12 (As of Sep. 2024)

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What is MustGrow Biologics Debt-to-Asset?

MustGrow Biologics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.25 Mil. MustGrow Biologics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.09 Mil. MustGrow Biologics's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was €2.87 Mil. MustGrow Biologics's debt to asset for the quarter that ended in Sep. 2024 was 0.12.

MustGrow Biologics Debt-to-Asset Historical Data

The historical data trend for MustGrow Biologics'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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MustGrow Biologics Debt-to-Asset Chart

MustGrow Biologics Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.24

0.27

0.08

0.11

MustGrow Biologics Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.18	0.11	0.13	0.11	0.12

Competitive Comparison of MustGrow Biologics's Debt-to-Asset

For the Agricultural Inputs subindustry, MustGrow Biologics'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.

MustGrow Biologics's Debt-to-Asset Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, MustGrow Biologics's Debt-to-Asset distribution charts can be found below:

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

MustGrow Biologics Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

MustGrow Biologics's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(0.422	+	0.096)	/	4.742
	=	0.11

MustGrow Biologics's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.251	+	0.094)	/	2.869
	=	0.12

MustGrow Biologics (FRA:0C0) 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.

MustGrow Biologics Debt-to-Asset Related Terms

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MustGrow Biologics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » MustGrow Biologics Corp (FRA:0C0) » Definitions » Debt-to-Asset

Comparable Companies

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MGROF:USA MGRO:Canada

Address

1005 - 201 1st Avenue South, Saskatoon, SK, CAN, S7K 1J5

Website

https://www.mustgrow.ca

MustGrow Biologics Corp is a company engaged in the development of natural biopesticide products from mustard seed. It is focused on the development and commercialization of non-synthetic AITC (Allyl Isothiocyanate) from mustard seed for use as a natural biofumigant for the control of nematodes, soil-borne diseases, and other soil pests. the objective of these technologies is for use as an alternative to banned/restricted synthetic chemicals and fertilizers, for use in organic agriculture, and to help improve overall soil health.

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