Innovative Holdings Alliance (Innovative Holdings Alliance) Debt-to-Asset : 3.90 (As of Aug. 2023)

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What is Innovative Holdings Alliance Debt-to-Asset?

Innovative Holdings Alliance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.36 Mil. Innovative Holdings Alliance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.00 Mil. Innovative Holdings Alliance's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Aug. 2023 was $0.09 Mil. Innovative Holdings Alliance's debt to asset for the quarter that ended in Aug. 2023 was 3.90.

Innovative Holdings Alliance Debt-to-Asset Historical Data

The historical data trend for Innovative Holdings Alliance'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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Innovative Holdings Alliance Debt-to-Asset Chart

Innovative Holdings Alliance Annual Data

Trend

Debt-to-Asset

Innovative Holdings Alliance Semi-Annual Data
	Aug22	Aug23
Debt-to-Asset	-	3.90

Competitive Comparison of Innovative Holdings Alliance's Debt-to-Asset

For the Shell Companies subindustry, Innovative Holdings Alliance'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.

Innovative Holdings Alliance's Debt-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Innovative Holdings Alliance's Debt-to-Asset distribution charts can be found below:

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

Innovative Holdings Alliance Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Innovative Holdings Alliance's Debt-to-Asset for the fiscal year that ended in . 20 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(	+	)	/
	=	N/A

Innovative Holdings Alliance's Debt-to-Asset for the quarter that ended in Aug. 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
	=	(0.359	+	0)	/	0.092
	=	3.90

Innovative Holdings Alliance (OTCPK:IHAI) 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.

Innovative Holdings Alliance Debt-to-Asset Related Terms

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Innovative Holdings Alliance (Innovative Holdings Alliance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Innovative Holdings Alliance Inc (OTCPK:IHAI) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

12850 Hwy 9 North, Suite 600-462, Alpharetta, GA, USA, 30004

Website

https://www.innovativeholdingsalliance.com

Innovative Holdings Alliance Inc plans to participate in and acquire interests that are edge in their respective market niches and have expectations of enhancing shareholder value.

Innovative Holdings Alliance (Innovative Holdings Alliance) Headlines

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