Planet Based Foods Global (XCNQ:PBF) Debt-to-Asset : 0.52 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Planet Based Foods Global Debt-to-Asset?

Planet Based Foods Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.01 Mil. Planet Based Foods Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.40 Mil. Planet Based Foods Global's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was C$0.80 Mil. Planet Based Foods Global's debt to asset for the quarter that ended in Sep. 2023 was 0.52.

Planet Based Foods Global Debt-to-Asset Historical Data

The historical data trend for Planet Based Foods Global'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.

Planet Based Foods Global Debt-to-Asset Chart

Planet Based Foods Global Annual Data

Trend

Dec21

Dec22

Debt-to-Asset

0.07

Planet Based Foods Global Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial			-	-	-	-	0.52

Competitive Comparison of Planet Based Foods Global's Debt-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Planet Based Foods Global'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.

Planet Based Foods Global's Debt-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Planet Based Foods Global's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Planet Based Foods Global's Debt-to-Asset falls into.

Planet Based Foods Global Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Planet Based Foods Global'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
	=	(0	+	0)	/	2.894
	=	0.00

Planet Based Foods Global'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
	=	(0.014	+	0.403)	/	0.797
	=	0.52

Planet Based Foods Global (XCNQ:PBF) 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.

Planet Based Foods Global Debt-to-Asset Related Terms

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

Planet Based Foods Global (XCNQ:PBF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Planet Based Foods Global Inc (XCNQ:PBF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

PBFFF:USA AZ00:Germany

Address

1055 West Hastings Street, Suite 2250, Vancouver, BC, CAN, V6E 2E9

Website

https://www.planetbasedfoods.com

Planet Based Foods Global Inc is focused on producing natural, low processed, and nutritional choices that are better for people and the planet. The Company currently offers vegan meat alternatives derived from hemp proteins including burgers, breakfast sausages, burger crumbles, and sausage crumbles.