PNXPF (Planet Ventures) Debt-to-Asset : 0.02 (As of Sep. 2024)

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What is Planet Ventures Debt-to-Asset?

Planet Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.06 Mil. Planet Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.10 Mil. Planet Ventures's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $9.43 Mil. Planet Ventures's debt to asset for the quarter that ended in Sep. 2024 was 0.02.

Planet Ventures Debt-to-Asset Historical Data

The historical data trend for Planet Ventures'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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Planet Ventures Debt-to-Asset Chart

Planet Ventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.02

0.01

0.05

0.02

Planet Ventures 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															0.05	0.04	0.02	0.02	0.02

Competitive Comparison of Planet Ventures's Debt-to-Asset

For the Asset Management subindustry, Planet Ventures'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.

Planet Ventures's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Planet Ventures's Debt-to-Asset distribution charts can be found below:

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

Planet Ventures Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Planet Ventures's Debt-to-Asset for the fiscal year that ended in Mar. 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
	=	(0.055	+	0.127)	/	8.117
	=	0.02

Planet Ventures'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
	=	(0.059	+	0.097)	/	9.426
	=	0.02

Planet Ventures (OTCPK:PNXPF) 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.

Planet Ventures Debt-to-Asset Related Terms

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Planet Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Planet Ventures Inc (OTCPK:PNXPF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

P6U1:Germany PXI:Canada

Address

750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7

Website

https://www.planetventuresinc.com

Planet Ventures Inc is an investment company. The company invests in a portfolio of shares and other securities of public and private companies. It invests in the mining, cryptocurrency, and blockchain arena in addition to its most recent investment in a legal web-based sportsbook.

Planet Ventures Headlines

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