Skylight Health Group (Skylight Health Group) Debt-to-Asset : 0.44 (As of Jun. 2022)

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What is Skylight Health Group Debt-to-Asset?

Skylight Health Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $2.81 Mil. Skylight Health Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $21.98 Mil. Skylight Health Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2022 was $56.41 Mil. Skylight Health Group's debt to asset for the quarter that ended in Jun. 2022 was 0.44.

Skylight Health Group Debt-to-Asset Historical Data

The historical data trend for Skylight Health Group'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.

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Skylight Health Group Debt-to-Asset Chart

Skylight Health Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Debt-to-Asset

0.59

0.60

0.07

0.25

Skylight Health Group Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Debt-to-Asset	Get a 7-Day Free Trial													0.24	0.28	0.25	0.27	0.44

Competitive Comparison of Skylight Health Group's Debt-to-Asset

For the Medical Care Facilities subindustry, Skylight Health Group'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.

Skylight Health Group's Debt-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Skylight Health Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Skylight Health Group's Debt-to-Asset falls into.

Skylight Health Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Skylight Health Group's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(1.3	+	11.35)	/	51.13
	=	0.25

Skylight Health Group's Debt-to-Asset for the quarter that ended in Jun. 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
	=	(2.811	+	21.98)	/	56.407
	=	0.44

Skylight Health Group (OTCPK:SLHGF) 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.

Skylight Health Group Debt-to-Asset Related Terms

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Skylight Health Group (Skylight Health Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Skylight Health Group Inc (OTCPK:SLHGF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5520 Explorer Drive, Suite 402, Mississauga, ON, CAN, L4W 5L1

Website

https://www.skylighthealthgroup.com

Skylight Health Group Inc is a healthcare services and technology company, working to impact patient health outcomes. The company operates a US multi-state health network that comprises physical multi-disciplinary medical clinics providing a range of services from primary care, subspecialty, allied health and diagnostic testing.