Farmers Edge (TSX:FDGE) Debt-to-Asset : 1.34 (As of Sep. 2023)

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What is Farmers Edge Debt-to-Asset?

Farmers Edge's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$2.29 Mil. Farmers Edge's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$76.99 Mil. Farmers Edge's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was C$59.38 Mil. Farmers Edge's debt to asset for the quarter that ended in Sep. 2023 was 1.34.

Farmers Edge Debt-to-Asset Historical Data

The historical data trend for Farmers Edge'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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Farmers Edge Debt-to-Asset Chart

Farmers Edge Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Asset

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2.05

3.20

4.13

0.05

0.52

Farmers Edge Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial														0.32	0.52	0.73	1.00	1.34

Competitive Comparison of Farmers Edge's Debt-to-Asset

For the Software - Application subindustry, Farmers Edge'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.

Farmers Edge's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Farmers Edge's Debt-to-Asset distribution charts can be found below:

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

Farmers Edge Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Farmers Edge's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(3.172	+	42.116)	/	87.018
	=	0.52

Farmers Edge's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(2.288	+	76.993)	/	59.382
	=	1.34

Farmers Edge (TSX:FDGE) 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.

Farmers Edge Debt-to-Asset Related Terms

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

Farmers Edge (TSX:FDGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Farmers Edge Inc (TSX:FDGE) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

FMEGF:USA 8QI:Germany

Address

25 Rothwell Road, Winnipeg, MB, CAN, R3P 2M5

Website

https://www.farmersedge.ca

Farmers Edge Inc provides digital agriculture services. It has two reportable segments which have digital agronomy operations and e-commerce operations. Digital Agronomy Operations offers growers a comprehensive suite of digital agronomy solutions, sold in five key subscription levels and billed annually per acre. The e-commerce business includes the sale of agricultural products through online marketplaces. The majority of the revenue of firms comes from its digital agronomy operations segment.

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