VRTHF (Indigenous Bloom Hemp) Debt-to-Asset : 1.26 (As of Feb. 2023)

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What is Indigenous Bloom Hemp Debt-to-Asset?

Indigenous Bloom Hemp VRTHF -99.93% Debt-to-Asset is 1.26 as of Feb. 2023.

Indigenous Bloom Hemp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2023 was $0.53 Mil. Indigenous Bloom Hemp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2023 was $0.00 Mil. Indigenous Bloom Hemp's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2023 was $0.42 Mil. Indigenous Bloom Hemp's debt to asset for the quarter that ended in Feb. 2023 was 1.26.

Indigenous Bloom Hemp  (OTCPK:VRTHF) 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.

Indigenous Bloom Hemp Debt-to-Asset Related Terms

Indigenous Bloom Hemp Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Debt-to-Asset Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 55.00 0.93

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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 0.31 0.33 0.93 1.13 1.26

VRTHF vs ZTS: Debt-to-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Debt-to-Asset vs Drug Manufacturers Industry

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

* The bar in red indicates where Indigenous Bloom Hemp's Debt-to-Asset falls into.


Indigenous Bloom Hemp Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Indigenous Bloom Hemp's Debt-to-Asset for the fiscal year that ended in May. 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
=(0.54 + 0.01) / 0.591
=0.93

Indigenous Bloom Hemp's Debt-to-Asset for the quarter that ended in Feb. 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
=(0.526 + 0) / 0.417
=1.26

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 1.26 mean?
Indigenous Bloom Hemp (VRTHF) has a Debt-to-Asset of 1.26 as of Feb. 2023. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Indigenous Bloom Hemp and its competitors.
Is Indigenous Bloom Hemp's Debt-to-Asset too high?
Indigenous Bloom Hemp's current Debt-to-Asset is 1.26.
How does Indigenous Bloom Hemp's Debt-to-Asset compare to ZTS?
Indigenous Bloom Hemp's Debt-to-Asset of 1.26 can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Drug Manufacturers company?
A good Debt-to-Asset depends on the Drug Manufacturers industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Indigenous Bloom Hemp and its competitors. Indigenous Bloom Hemp's current Debt-to-Asset is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indigenous Bloom Hemp stock overvalued right now?
Indigenous Bloom Hemp (VRTHF) has a current Debt-to-Asset of 1.26. The current Debt-to-Asset is 1.26. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Indigenous Bloom Hemp (VRTHF), the current Debt-to-Asset is 1.26 as of Feb. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Indigenous Bloom Hemp Business Description

Address c/o 3200 650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts.