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TILT Holdings (TILT Holdings) Debt-to-Asset : 0.48 (As of Dec. 2023)


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What is TILT Holdings Debt-to-Asset?

TILT Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $18.3 Mil. TILT Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $91.7 Mil. TILT Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $231.2 Mil. TILT Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.48.


TILT Holdings Debt-to-Asset Historical Data

The historical data trend for TILT Holdings'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.

TILT Holdings Debt-to-Asset Chart

TILT Holdings Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.20 0.26 0.36 0.48

TILT Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.36 0.37 0.45 0.44 0.48

Competitive Comparison of TILT Holdings's Debt-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, TILT Holdings'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.


TILT Holdings's Debt-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TILT Holdings's Debt-to-Asset distribution charts can be found below:

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



TILT Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TILT Holdings'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
=(18.327 + 91.666) / 231.188
=0.48

TILT Holdings's Debt-to-Asset for the quarter 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
=(18.327 + 91.666) / 231.188
=0.48

* 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.


TILT Holdings  (OTCPK:TLLTF) 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.


TILT Holdings Debt-to-Asset Related Terms

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TILT Holdings (TILT Holdings) Business Description

Traded in Other Exchanges
Address
2801 E Camelback Road, Suite 180, Phoenix, AZ, USA, 85016
TILT Holdings Inc helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production. The majority of the revenue is generated from the Accessories segment which is engaged in the manufacturing and distribution of electronic, non-nicotine (i.e., cannabis) devices and systems. The company's geographical segments include the United States and Canada, of which the majority of the revenue is generated from the United States.