MVRK (Maverick Lifestyle) Debt-to-Asset : 0.96 (As of Sep. 2024)

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What is Maverick Lifestyle Debt-to-Asset?

Maverick Lifestyle MVRK Debt-to-Asset is 0.96 as of Sep. 2024.

Maverick Lifestyle's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Maverick Lifestyle's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $8.05 Mil. Maverick Lifestyle's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $8.39 Mil. Maverick Lifestyle's debt to asset for the quarter that ended in Sep. 2024 was 0.96.

Maverick Lifestyle  (NAS:MVRK) 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.

Maverick Lifestyle Debt-to-Asset Related Terms

Maverick Lifestyle Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Debt-to-Asset Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.80 0.86 1.10 0.94

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.97 0.99 0.94 0.94 0.96

MVRK vs : Debt-to-Asset Comparison

For the Tobacco subindustry, Maverick Lifestyle'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.

Maverick Lifestyle Debt-to-Asset vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Maverick Lifestyle's Debt-to-Asset distribution charts can be found below:

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


Maverick Lifestyle Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Maverick Lifestyle'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 + 8.051) / 8.525
=0.94

Maverick Lifestyle'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 + 8.051) / 8.39
=0.96

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.96 mean?
Maverick Lifestyle (MVRK) has a Debt-to-Asset of 0.96 as of Sep. 2024. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Maverick Lifestyle and its competitors.
Is Maverick Lifestyle's Debt-to-Asset too high?
Maverick Lifestyle's current Debt-to-Asset is 0.96.
How does Maverick Lifestyle's Debt-to-Asset compare to ?
Maverick Lifestyle's Debt-to-Asset of 0.96 can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Tobacco Products company?
A good Debt-to-Asset depends on the Tobacco Products industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Maverick Lifestyle and its competitors. Maverick Lifestyle's current Debt-to-Asset is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current Debt-to-Asset of 0.96. The current Debt-to-Asset is 0.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Maverick Lifestyle (MVRK), the current Debt-to-Asset is 0.96 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Maverick Lifestyle Business Description

Comparable Companies
Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.