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SOLCF (SOL Global Investments) Debt-to-Asset : 0.35 (As of Aug. 2024)


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What is SOL Global Investments Debt-to-Asset?

SOL Global Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $0.00 Mil. SOL Global Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $21.26 Mil. SOL Global Investments's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Aug. 2024 was $60.34 Mil. SOL Global Investments's debt to asset for the quarter that ended in Aug. 2024 was 0.35.


SOL Global Investments Debt-to-Asset Historical Data

The historical data trend for SOL Global Investments'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.

SOL Global Investments Debt-to-Asset Chart

SOL Global Investments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar18 Mar19 Nov20 Nov21 Nov22 Nov23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.18 0.11 0.16 0.30

SOL Global Investments Quarterly Data
Sep19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 Premium Member Only Premium Member Only Premium Member Only 0.21 0.30 0.32 0.37 0.35

Competitive Comparison of SOL Global Investments's Debt-to-Asset

For the Asset Management subindustry, SOL Global Investments'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.


SOL Global Investments's Debt-to-Asset Distribution in the Asset Management Industry

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

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



SOL Global Investments Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

SOL Global Investments's Debt-to-Asset for the fiscal year that ended in Nov. 2023 is calculated as

SOL Global Investments's Debt-to-Asset for the quarter that ended in Aug. 2024 is calculated as

* 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.


SOL Global Investments  (OTCPK:SOLCF) 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.


SOL Global Investments Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of SOL Global Investments's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


SOL Global Investments Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9
SOL Global Investments Corp is a cannabis company with a focus on legal U.S. states. Its strategic investments and partnerships across cultivation, distribution and retail complement the company's R&D program with the University of Miami. It is also involved in Retail, Agriculture, Quick Service Restaurants & Hospitality, Media Technology & Gaming, Energy and New Age Wellness.