BBCO (The Better Being Co) LT-Debt-to-Total-Asset: 0.78 (As of Mar. 2021)


What is The Better Being Co LT-Debt-to-Total-Asset?

The Better Being Co BBCO LT-Debt-to-Total-Asset is 0.78 as of Mar. 2021.

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. The Better Being Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2021 was 0.78.

The Better Being Co's long-term debt to total assets ratio increased from Sep. 2019 (0.66) to Mar. 2021 (0.78). It may suggest that The Better Being Co is progressively becoming more dependent on debt to grow their business.

The Better Being Co  (NYSE:BBCO) 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.

The Better Being Co LT-Debt-to-Total-Asset Related Terms

The Better Being Co LT-Debt-to-Total-Asset Historical Data

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The historical data trend for The Better Being 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.

The Better Being Co LT-Debt-to-Total-Asset Chart

The Better Being Co Annual Data
Trend Sep19 Sep20
LT-Debt-to-Total-Asset
0.66 0.66

The Better Being Co Semi-Annual Data
Sep19 Sep20 Mar21
LT-Debt-to-Total-Asset 0.66 0.66 0.78

The Better Being Co LT-Debt-to-Total-Asset Calculation

The Better Being Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2020 is calculated as

LT Debt to Total Assets (A: Sep. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2020 )/Total Assets (A: Sep. 2020 )
=333.715/504.323
=0.66

The Better Being Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

LT Debt to Total Assets (Q: Mar. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2021 )/Total Assets (Q: Mar. 2021 )
=380.63/487.709
=

* 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 0.78 mean?
The Better Being Co (BBCO) has a LT-Debt-to-Total-Asset of 0.78 as of Mar. 2021. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on The Better Being Co and its competitors.
Is The Better Being Co's LT-Debt-to-Total-Asset too high?
The Better Being Co's current LT-Debt-to-Total-Asset is 0.78.
How does The Better Being Co's LT-Debt-to-Total-Asset compare to ?
The Better Being Co's LT-Debt-to-Total-Asset of 0.78 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good LT-Debt-to-Total-Asset depends on the Consumer Packaged Goods 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 The Better Being Co and its competitors. The Better Being Co's current LT-Debt-to-Total-Asset is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Better Being Co stock overvalued right now?
The Better Being Co (BBCO) has a current LT-Debt-to-Total-Asset of 0.78. The current LT-Debt-to-Total-Asset is 0.78. 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 The Better Being Co (BBCO), the current LT-Debt-to-Total-Asset is 0.78 as of Mar. 2021. 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.

The Better Being Co Business Description

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The Better Being Co is a whole-body wellness platform that develops, manufactures, markets, and distributes trusted and beneficial vitamins, supplements, minerals, and personal care products. Its core brands include Solaray, KAL, Zhou, Nu U, Heritage Store, Life Flo, and Zand Immunity.