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Green Rise Foods (TSXV:GRF) Debt-to-Asset : 0.87 (As of Dec. 2023)


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What is Green Rise Foods Debt-to-Asset?

Green Rise Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$46.67 Mil. Green Rise Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.12 Mil. Green Rise Foods's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was C$54.08 Mil. Green Rise Foods's debt to asset for the quarter that ended in Dec. 2023 was 0.87.


Green Rise Foods Debt-to-Asset Historical Data

The historical data trend for Green Rise Foods'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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Green Rise Foods Debt-to-Asset Chart

Green Rise Foods Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.67 0.63 0.77 0.81 0.87

Green Rise Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset 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 0.81 0.81 0.78 0.81 0.87

Competitive Comparison of Green Rise Foods's Debt-to-Asset

For the Farm Products subindustry, Green Rise Foods'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.


Green Rise Foods's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Rise Foods's Debt-to-Asset distribution charts can be found below:

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



Green Rise Foods Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Green Rise Foods's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(46.669 + 0.118) / 54.082
=0.87

Green Rise Foods's Debt-to-Asset for the quarter that ended in Dec. 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
=(46.669 + 0.118) / 54.082
=0.87

* 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.


Green Rise Foods  (TSXV:GRF) 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.


Green Rise Foods Debt-to-Asset Related Terms

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Green Rise Foods (TSXV:GRF) Business Description

Traded in Other Exchanges
N/A
Address
47 Colborne Street, Suite 301, Toronto, ON, CAN, M5E1P8
Green Rise Foods Inc is a grower of fresh produce. The company takes pride in providing high-quality, consistent and reliable products to meet the growing consumer demand for locally grown fresh produce. It seeks to optimize its operations to generate improved product quality and shelf life, expand profit margins, and provide investors with meaningful and growing returns. The seasonal operation consists of the growing, packaging, and sale of produce to majority of its customers.