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Indigenous Bloom Hemp (Indigenous Bloom Hemp) Liabilities-to-Assets : 5.92 (As of Feb. 2023)


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What is Indigenous Bloom Hemp Liabilities-to-Assets?

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. Indigenous Bloom Hemp's Total Liabilities for the quarter that ended in Feb. 2023 was $2.47 Mil. Indigenous Bloom Hemp's Total Assets for the quarter that ended in Feb. 2023 was $0.42 Mil. Therefore, Indigenous Bloom Hemp's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2023 was 5.92.


Indigenous Bloom Hemp Liabilities-to-Assets Historical Data

The historical data trend for Indigenous Bloom Hemp'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.

* Premium members only.

Indigenous Bloom Hemp Liabilities-to-Assets Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.05 1.61 57.64 1,036.00 4.22

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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 1.36 1.42 4.22 5.09 5.92

Competitive Comparison of Indigenous Bloom Hemp's Liabilities-to-Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.


Indigenous Bloom Hemp's Liabilities-to-Assets Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Indigenous Bloom Hemp's Liabilities-to-Assets falls into.



Indigenous Bloom Hemp 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.

Indigenous Bloom Hemp's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2022 is calculated as:

Liabilities-to-Assets (A: May. 2022 )=Total Liabilities/Total Assets
=2.496/0.591
=4.22

Indigenous Bloom Hemp's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2023 is calculated as

Liabilities-to-Assets (Q: Feb. 2023 )=Total Liabilities/Total Assets
=2.47/0.417
=5.92

* 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.


Indigenous Bloom Hemp  (OTCPK:VRTHF) 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.


Indigenous Bloom Hemp Liabilities-to-Assets Related Terms

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Indigenous Bloom Hemp (Indigenous Bloom Hemp) Business Description

Traded in Other Exchanges
N/A
Address
3200-650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.