THCT (THC Therapeutics) Liabilities-to-Assets : 346.55 (As of Jul. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is THC Therapeutics Liabilities-to-Assets?

THC Therapeutics THCT Liabilities-to-Assets is 346.55 as of Jul. 2024.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. THC Therapeutics's Total Liabilities for the quarter that ended in Jul. 2024 was $3.81 Mil. THC Therapeutics's Total Assets for the quarter that ended in Jul. 2024 was $0.01 Mil. Therefore, THC Therapeutics's Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2024 was 346.55.


THC Therapeutics  (OTCPK:THCT) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


THC Therapeutics Liabilities-to-Assets Related Terms


THC Therapeutics Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for THC Therapeutics's Liabilities-to-Assets 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.

THC Therapeutics Liabilities-to-Assets Chart

THC Therapeutics Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.52 6.16 16.02 255.62 346.55

THC Therapeutics Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Liabilities-to-Assets 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 255.62 282.00 260.67 294.33 346.55

THCT vs ZTS, UTHR, NBIX: Liabilities-to-Assets Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, THC Therapeutics's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


THC Therapeutics Liabilities-to-Assets vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, THC Therapeutics's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where THC Therapeutics's Liabilities-to-Assets falls into.



THC Therapeutics Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

THC Therapeutics's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2024 is calculated as:

Liabilities-to-Assets (A: Jul. 2024 )=Total Liabilities/Total Assets
=3.812/0.011
=346.55

THC Therapeutics's Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2024 is calculated as

Liabilities-to-Assets (Q: Jul. 2024 )=Total Liabilities/Total Assets
=3.812/0.011
=346.55

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 346.55 mean?
THC Therapeutics (THCT) has a Liabilities-to-Assets of 346.55 as of Jul. 2024. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on THC Therapeutics and its competitors.
Is THC Therapeutics' Liabilities-to-Assets too high?
THC Therapeutics' current Liabilities-to-Assets is 346.55.
How does THC Therapeutics' Liabilities-to-Assets compare to ZTS and UTHR?
THC Therapeutics' Liabilities-to-Assets of 346.55 can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Drug Manufacturers company?
A good Liabilities-to-Assets depends on the Drug Manufacturers industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on THC Therapeutics and its competitors. THC Therapeutics's current Liabilities-to-Assets is 346.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THC Therapeutics stock overvalued right now?
THC Therapeutics (THCT) has a current Liabilities-to-Assets of 346.55. The current Liabilities-to-Assets is 346.55. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For THC Therapeutics (THCT), the current Liabilities-to-Assets is 346.55 as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

THC Therapeutics Business Description

Address 203 S Church Steet, Jacksboro, TX, USA, 76458
Website https://thct.io
THC Therapeutics Inc is a United States-based company. It is focused on developing a sanitizing herb dryer, the dHydronator, which has been specifically designed for the drying and sanitizing i.e., reducing the bacterial count of freshly harvested cannabis, and other herbs, flowers, and tea leaves. The main function of the dHydronator is to accelerate the drying time of an herb while sanitizing it. The dHydronator can be used to dry a variety of herbs, and it has been specifically tested for use with cannabis.