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Impact Development Group (TSXV:IMPT) Debt-to-Asset : 1.56 (As of Jun. 2023)


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What is Impact Development Group Debt-to-Asset?

Impact Development Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was C$12.63 Mil. Impact Development Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was C$48.97 Mil. Impact Development Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was C$39.43 Mil. Impact Development Group's debt to asset for the quarter that ended in Jun. 2023 was 1.56.

Impact Development Group Debt-to-Asset Historical Data

The historical data trend for Impact Development Group'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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Impact Development Group Debt-to-Asset Chart

Impact Development Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
0.76 0.91 1.11 1.46

Impact Development Group Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23
Debt-to-Asset Get a 7-Day Free Trial 0.91 1.11 - 1.46 1.56

Competitive Comparison of Impact Development Group's Debt-to-Asset

For the Real Estate - Development subindustry, Impact Development Group'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.

Impact Development Group's Debt-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Impact Development Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Impact Development Group's Debt-to-Asset falls into.


Impact Development Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Impact Development Group'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
=(9.094 + 47.383) / 38.7
=1.46

Impact Development Group's Debt-to-Asset for the quarter that ended in Jun. 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
=(12.632 + 48.971) / 39.426
=1.56

* 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.

Impact Development Group  (TSXV:IMPT) 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.

Impact Development Group Debt-to-Asset Related Terms

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Impact Development Group (TSXV:IMPT) Business Description

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Address
Edifice Península piso 4, oficina 4-10, Costa del Este, Panama City, PAN
Website
https://www.ihcpanama.com
Impact Development Group Inc Formerly Impact Housing Corp is a Panamanian-based real estate developer. It provides affordable housing supported by a longstanding subsidized government program with multiple product offerings. The principal business of IHC is to build and develop affordable and high-quality subsidized houses in the Republic of Panama to support the middle-class market.

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