YOURF (YourWay Cannabis Brands) Debt-to-Asset : 0.17 (As of Sep. 2021)

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What is YourWay Cannabis Brands Debt-to-Asset?

YourWay Cannabis Brands YOURF -90.00% Debt-to-Asset is 0.17 as of Sep. 2021.

YourWay Cannabis Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.54 Mil. YourWay Cannabis Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $4.30 Mil. YourWay Cannabis Brands's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2021 was $27.91 Mil. YourWay Cannabis Brands's debt to asset for the quarter that ended in Sep. 2021 was 0.17.

YourWay Cannabis Brands  (OTCPK:YOURF) 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.

YourWay Cannabis Brands Debt-to-Asset Related Terms

YourWay Cannabis Brands Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for YourWay Cannabis Brands'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.

YourWay Cannabis Brands Debt-to-Asset Chart

YourWay Cannabis Brands Annual Data
Trend Dec18 Dec19 Dec20
Debt-to-Asset
0.80 0.75 0.29

YourWay Cannabis Brands Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Debt-to-Asset Get a 7-Day Free Trial 0.32 0.29 0.17 0.16 0.17

YOURF vs ZTS, CTLT, VTRS: Debt-to-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, YourWay Cannabis Brands'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.

YourWay Cannabis Brands Debt-to-Asset vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, YourWay Cannabis Brands's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where YourWay Cannabis Brands's Debt-to-Asset falls into.


YourWay Cannabis Brands Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

YourWay Cannabis Brands's Debt-to-Asset for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1.179253 + 3.162325) / 14.828015
=0.29

YourWay Cannabis Brands's Debt-to-Asset for the quarter that ended in Sep. 2021 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.544084 + 4.297229) / 27.907759
=0.17

* 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 0.17 mean?
YourWay Cannabis Brands (YOURF) has a Debt-to-Asset of 0.17 as of Sep. 2021. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on YourWay Cannabis Brands and its competitors.
Is YourWay Cannabis Brands' Debt-to-Asset too high?
YourWay Cannabis Brands' current Debt-to-Asset is 0.17.
How does YourWay Cannabis Brands' Debt-to-Asset compare to ZTS and CTLT?
YourWay Cannabis Brands' Debt-to-Asset of 0.17 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 YourWay Cannabis Brands and its competitors. YourWay Cannabis Brands's current Debt-to-Asset is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YourWay Cannabis Brands stock overvalued right now?
YourWay Cannabis Brands (YOURF) has a current Debt-to-Asset of 0.17. The current Debt-to-Asset is 0.17. 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 YourWay Cannabis Brands (YOURF), the current Debt-to-Asset is 0.17 as of Sep. 2021. 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.

YourWay Cannabis Brands Business Description

Address 885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.