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TILT Holdings (TILT Holdings) Debt-to-Revenue : 0.73 (As of Dec. 2023)


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What is TILT Holdings Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

TILT Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $18.3 Mil. TILT Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $91.7 Mil. TILT Holdings's annualized Revenue for the quarter that ended in Dec. 2023 was $150.2 Mil. TILT Holdings's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.73.


TILT Holdings Debt-to-Revenue Historical Data

The historical data trend for TILT Holdings's Debt-to-Revenue 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.

TILT Holdings Debt-to-Revenue Chart

TILT Holdings Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.54 0.49 0.61 0.66

TILT Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue 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 0.60 0.63 0.69 0.63 0.73

Competitive Comparison of TILT Holdings's Debt-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, TILT Holdings's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


TILT Holdings's Debt-to-Revenue Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TILT Holdings's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where TILT Holdings's Debt-to-Revenue falls into.



TILT Holdings Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

TILT Holdings's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(18.327 + 91.666) / 165.956
=0.66

TILT Holdings's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(18.327 + 91.666) / 150.152
=0.73

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


TILT Holdings Debt-to-Revenue Related Terms

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TILT Holdings (TILT Holdings) Business Description

Traded in Other Exchanges
Address
2801 E Camelback Road, Suite 180, Phoenix, AZ, USA, 85016
TILT Holdings Inc helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production. The majority of the revenue is generated from the Accessories segment which is engaged in the manufacturing and distribution of electronic, non-nicotine (i.e., cannabis) devices and systems. The company's geographical segments include the United States and Canada, of which the majority of the revenue is generated from the United States.