AMMJ (American Cannabis Co) LT-Debt-to-Total-Asset: 0.26 (As of Jun. 2024)


AMMJ American Cannabis Co Inc AMMJ
12 GF Score
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What is American Cannabis Co LT-Debt-to-Total-Asset?

American Cannabis Co AMMJ -14.29% 12 LT-Debt-to-Total-Asset is 0.26 as of Jun. 2024. GuruFocus rates AMMJ 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. American Cannabis Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.26.

American Cannabis Co's long-term debt to total assets ratio increased from Jun. 2023 (0.16) to Jun. 2024 (0.26). It may suggest that American Cannabis Co is progressively becoming more dependent on debt to grow their business.

American Cannabis Co  (OTCPK:AMMJ) 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.

American Cannabis Co LT-Debt-to-Total-Asset Related Terms

American Cannabis Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for American Cannabis Co'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.

American Cannabis Co LT-Debt-to-Total-Asset Chart

American Cannabis Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.12 0.23

American Cannabis Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.16 0.18 0.23 0.23 0.26
AMMJ
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American Cannabis Co Inc AMMJ
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American Cannabis Co LT-Debt-to-Total-Asset Calculation

American Cannabis Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=0.66/2.829
=0.23

American Cannabis Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=0.561/2.121
=0.26

* 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 0.26 mean?
American Cannabis Co (AMMJ) has a LT-Debt-to-Total-Asset of 0.26 as of Jun. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on American Cannabis Co and its competitors.
Is American Cannabis Co's LT-Debt-to-Total-Asset too high?
American Cannabis Co's current LT-Debt-to-Total-Asset is 0.26. Overall, American Cannabis Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does American Cannabis Co's LT-Debt-to-Total-Asset compare to CBDW and PM?
American Cannabis Co's LT-Debt-to-Total-Asset of 0.26 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good LT-Debt-to-Total-Asset depends on the Tobacco Products 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 American Cannabis Co and its competitors. American Cannabis Co's current LT-Debt-to-Total-Asset is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Cannabis Co stock overvalued right now?
American Cannabis Co (AMMJ) has a current LT-Debt-to-Total-Asset of 0.26. The current LT-Debt-to-Total-Asset is 0.26. American Cannabis Co'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 American Cannabis Co (AMMJ), the current LT-Debt-to-Total-Asset is 0.26 as of Jun. 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.

American Cannabis Co Business Description

Address 1004 Tejon Street, Colorado Springs, CO, USA, 80903
American Cannabis Co Inc is engaged in the cannabis industry that features end-to-end solutions for businesses operating in the regulated cannabis industry in states and countries where cannabis is regulated and/or has been decriminalized for medical use and/or legalized for recreational use. It provides advisory and consulting services specific to this industry, designs industry-specific products and facilities, and manages a strategic group partnership that offers both exclusive and non-exclusive customer products commonly used in the industry. It is a licensed operator of two medical cannabis dispensaries and a cannabis cultivation facility in Colorado Springs, CO.
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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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