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Simply Solventless Concentrates (TSXV:HASH) Debt-to-Revenue : 0.23 (As of Mar. 2024)


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What is Simply Solventless Concentrates Debt-to-Revenue?

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

Simply Solventless Concentrates's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$1.06 Mil. Simply Solventless Concentrates's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$1.08 Mil. Simply Solventless Concentrates's annualized Revenue for the quarter that ended in Mar. 2024 was C$9.19 Mil. Simply Solventless Concentrates's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.


Simply Solventless Concentrates Debt-to-Revenue Historical Data

The historical data trend for Simply Solventless Concentrates'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.

Simply Solventless Concentrates Debt-to-Revenue Chart

Simply Solventless Concentrates Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Revenue
0.06 2.48 0.28

Simply Solventless Concentrates Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only - 0.37 0.26 0.42 0.23

Competitive Comparison of Simply Solventless Concentrates's Debt-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, Simply Solventless Concentrates'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.


Simply Solventless Concentrates's Debt-to-Revenue Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Simply Solventless Concentrates's Debt-to-Revenue falls into.



Simply Solventless Concentrates Debt-to-Revenue Calculation

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

Simply Solventless Concentrates'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
=(0.562 + 1.148) / 6.192
=0.28

Simply Solventless Concentrates's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.06 + 1.083) / 9.192
=0.23

* 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 (Mar. 2024) Revenue data.


Simply Solventless Concentrates Debt-to-Revenue Related Terms

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Simply Solventless Concentrates (TSXV:HASH) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
273209 Range Road 20, Rocky View County, AB, CAN, T4B 4P2
Simply Solventless Concentrates Ltd is a company that provides pure, potent, terpene-rich solvent less concentrates to discerning cannabis consumers.
Executives
William Colin Macdonald 10% Security Holder, Director
Jeffrey Philip James Swainson 10% Security Holder, Director, Senior Officer

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