AGTK (Agritek Holdings) LT-Debt-to-Total-Asset: 0.10 (As of Dec. 2019)


What is Agritek Holdings LT-Debt-to-Total-Asset?

Agritek Holdings AGTK LT-Debt-to-Total-Asset is 0.10 as of Dec. 2019.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Agritek Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2019 was 0.10.

Agritek Holdings's long-term debt to total assets ratio increased from Dec. 2018 (0.00) to Dec. 2019 (0.10). It may suggest that Agritek Holdings is progressively becoming more dependent on debt to grow their business.

Agritek Holdings  (OTCPK:AGTK) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Agritek Holdings LT-Debt-to-Total-Asset Related Terms

Agritek Holdings LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Agritek Holdings's LT-Debt-to-Total-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.

Agritek Holdings LT-Debt-to-Total-Asset Chart

Agritek Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.10

Agritek Holdings Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
LT-Debt-to-Total-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 0.00 0.31 0.18 0.13 0.10

Agritek Holdings LT-Debt-to-Total-Asset Calculation

Agritek Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )/Total Assets (A: Dec. 2019 )
=0.077/0.742
=

Agritek Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (Q: Dec. 2019 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2019 )/Total Assets (Q: Dec. 2019 )
=0.077/0.742
=

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.10 mean?
Agritek Holdings (AGTK) has a LT-Debt-to-Total-Asset of 0.10 as of Dec. 2019. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Agritek Holdings and its competitors.
Is Agritek Holdings' LT-Debt-to-Total-Asset too high?
Agritek Holdings' current LT-Debt-to-Total-Asset is 0.10.
How does Agritek Holdings' LT-Debt-to-Total-Asset compare to DPWW and PACQF?
Agritek Holdings' LT-Debt-to-Total-Asset of 0.10 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Real Estate company?
A good LT-Debt-to-Total-Asset depends on the Real Estate industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Agritek Holdings and its competitors. Agritek Holdings's current LT-Debt-to-Total-Asset is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agritek Holdings stock overvalued right now?
Agritek Holdings (AGTK) has a current LT-Debt-to-Total-Asset of 0.10. The current LT-Debt-to-Total-Asset is 0.10. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Agritek Holdings (AGTK), the current LT-Debt-to-Total-Asset is 0.10 as of Dec. 2019. 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.

Agritek Holdings Business Description

Address 777 Brickell Avenue, Suite 500, Miami, FL, USA, 33131
Agritek Holdings Inc is a U.S based fully integrated, active investor and operator in the legal cannabis sector. The company acquires and leases real estate, then leases or sub-leases the real estate to licensed marijuana operators. It is focused on three high-value segments of the cannabis market, including real estate investment, intellectual property brands; and infrastructure, with operations in three states: Colorado, Washington State, and California as well as Canada and Puerto Rico. The firm invests its capital through real estate holdings, licensing agreements, royalties, and equity in acquisition operations.