ALEAF (Aleafia Health) LT-Debt-to-Total-Asset: 0.55 (As of Mar. 2023)


ALEAF Aleafia Health Inc ALEAF
12 GF Score
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What is Aleafia Health LT-Debt-to-Total-Asset?

Aleafia Health ALEAF -99.00% 12 LT-Debt-to-Total-Asset is 0.55 as of Mar. 2023. GuruFocus rates ALEAF with a GF Score™ of 12/100.

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. Aleafia Health's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.55.

Aleafia Health's long-term debt to total assets ratio increased from Sep. 2021 (0.01) to Mar. 2023 (0.55). It may suggest that Aleafia Health is progressively becoming more dependent on debt to grow their business.

Aleafia Health  (GREY:ALEAF) 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.

Aleafia Health LT-Debt-to-Total-Asset Related Terms

Aleafia Health LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Aleafia Health'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.

Aleafia Health LT-Debt-to-Total-Asset Chart

Aleafia Health Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Oct17 Dec18 Dec19 Dec20 Mar23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.11 0.15 0.55

Aleafia Health Quarterly Data
Oct17 Jan18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun22 Sep22 Dec22 Mar23
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 0.01 0.35 0.34 0.41 0.55
ALEAF
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Aleafia Health Inc ALEAF
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Aleafia Health LT-Debt-to-Total-Asset Calculation

Aleafia Health's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )/Total Assets (A: Mar. 2023 )
=24.261/43.795
=0.55

Aleafia Health's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )/Total Assets (Q: Mar. 2023 )
=24.261/43.795
=0.55

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.55 mean?
Aleafia Health (ALEAF) has a LT-Debt-to-Total-Asset of 0.55 as of Mar. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Aleafia Health and its competitors.
Is Aleafia Health's LT-Debt-to-Total-Asset too high?
Aleafia Health's current LT-Debt-to-Total-Asset is 0.55. Overall, Aleafia Health has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Aleafia Health's LT-Debt-to-Total-Asset compare to ZTS and CTLT?
Aleafia Health's LT-Debt-to-Total-Asset of 0.55 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 LT-Debt-to-Total-Asset for a Drug Manufacturers company?
A good LT-Debt-to-Total-Asset depends on the Drug Manufacturers 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 Aleafia Health and its competitors. Aleafia Health's current LT-Debt-to-Total-Asset is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aleafia Health stock overvalued right now?
Aleafia Health (ALEAF) has a current LT-Debt-to-Total-Asset of 0.55. The current LT-Debt-to-Total-Asset is 0.55. Aleafia Health's overall GF Score™ is 12/100. 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 Aleafia Health (ALEAF), the current LT-Debt-to-Total-Asset is 0.55 as of Mar. 2023. 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.

Aleafia Health Business Description

Address 85 Basaltic Road, Concord, ON, CAN, L4K 1G4
Aleafia Health Inc is a vertically integrated cannabis health and wellness company which owns three cannabis product and cultivation facilities where it produces a diverse portfolio of commercially high-margin derivative products including oils, capsules and sprays.
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