HEXO (TSX:HEXO) Debt-to-Asset

: 0.45 (As of Apr. 2023)

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HEXO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2023 was C$178.8 Mil. HEXO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2023 was C$1.1 Mil. HEXO's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Apr. 2023 was C$396.7 Mil. HEXO's debt to asset for the quarter that ended in Apr. 2023 was 0.45.

HEXO Debt-to-Asset Historical Data

The historical data trend for HEXO'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.

HEXO Annual Data

Trend

Sep14

Sep15

Sep16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Debt-to-Asset

0.07

0.13

0.38

0.37

HEXO Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Debt-to-Asset																0.43	0.37	0.43	0.36	0.45

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, HEXO'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.

HEXO Debt-to-Asset Distribution

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

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

HEXO Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

HEXO's Debt-to-Asset for the fiscal year that ended in Jul. 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
	=	(249.594	+	1.926)	/	680.949
	=	0.37

HEXO's Debt-to-Asset for the quarter that ended in Apr. 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
	=	(178.763	+	1.061)	/	396.678
	=	0.45

HEXO (TSX:HEXO) 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.

HEXO Debt-to-Asset Related Terms

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HEXO (TSX:HEXO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » HEXO Corp (TSX:HEXO) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 de la Rive Road, Gatineau, QC, CAN, J8M 1V2

Website

https://www.hexocorp.com

HEXO Corp is engaged in producing and selling cannabis and cannabis products. The company is focused on smoke-free and traditional cannabis products. The firm's products include dried flowers, oils, and vapes. It generates its revenue from various sources such as Beverage Based Adult-Use Sales, Medical, Wholesale and International sales.

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