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HYTN Innovations (XCNQ:HYTN) Debt-to-Asset : 0.32 (As of Dec. 2024)


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What is HYTN Innovations Debt-to-Asset?

HYTN Innovations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.08 Mil. HYTN Innovations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.71 Mil. HYTN Innovations's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was C$2.47 Mil. HYTN Innovations's debt to asset for the quarter that ended in Dec. 2024 was 0.32.


HYTN Innovations Debt-to-Asset Historical Data

The historical data trend for HYTN Innovations'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.

HYTN Innovations Debt-to-Asset Chart

HYTN Innovations Annual Data
Trend Sep19 Sep20 Jan21 Jan22 Sep23 Sep24
Debt-to-Asset
Get a 7-Day Free Trial - 1.36 21.54 0.36 0.33

HYTN Innovations Quarterly Data
Sep19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.34 0.29 0.31 0.33 0.32

Competitive Comparison of HYTN Innovations's Debt-to-Asset

For the Beverages - Non-Alcoholic subindustry, HYTN Innovations'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.


HYTN Innovations's Debt-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, HYTN Innovations's Debt-to-Asset distribution charts can be found below:

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


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HYTN Innovations Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

HYTN Innovations's Debt-to-Asset for the fiscal year that ended in Sep. 2024 is calculated as

HYTN Innovations's Debt-to-Asset for the quarter that ended in Dec. 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.


HYTN Innovations  (XCNQ:HYTN) 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.


HYTN Innovations Debt-to-Asset Related Terms

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HYTN Innovations Business Description

Traded in Other Exchanges
Address
890 Clement Avenue, Unit 303, Kelowna, BC, CAN, V1Y 7E4
HYTN Innovations Inc formulates, manufactures, markets, and sells premium cannabis goods. The company generates revenue from the sale of cannabis-related products such as Cannabis-beverage sales, Cannabis - flower sales, Cannabis - edible sales. The majority of revenue is generated from Cannabis - beverage sales.
Executives
Amandeep Singh Parmar 10% Security Holder

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