BFYW (Better For You Wellness) LT-Debt-to-Total-Asset: 0.23 (As of Aug. 2024)


What is Better For You Wellness LT-Debt-to-Total-Asset?

Better For You Wellness BFYW LT-Debt-to-Total-Asset is 0.23 as of Aug. 2024.

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. Better For You Wellness's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.23.

Better For You Wellness's long-term debt to total assets ratio increased from Aug. 2023 (0.15) to Aug. 2024 (0.23). It may suggest that Better For You Wellness is progressively becoming more dependent on debt to grow their business.

Better For You Wellness  (OTCPK:BFYW) 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.

Better For You Wellness LT-Debt-to-Total-Asset Related Terms

Better For You Wellness LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Better For You Wellness'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.

Better For You Wellness LT-Debt-to-Total-Asset Chart

Better For You Wellness Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Feb22 Feb23 Feb24
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 0.37

Better For You Wellness Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.15 0.13 0.37 0.29 0.23

Better For You Wellness LT-Debt-to-Total-Asset Calculation

Better For You Wellness's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )/Total Assets (A: Feb. 2024 )
=0.081/0.221
=0.37

Better For You Wellness's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )/Total Assets (Q: Aug. 2024 )
=0.045/0.199
=0.23

* 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 0.23 mean?
Better For You Wellness (BFYW) has a LT-Debt-to-Total-Asset of 0.23 as of Aug. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Better For You Wellness and its competitors.
Is Better For You Wellness' LT-Debt-to-Total-Asset too high?
Better For You Wellness' current LT-Debt-to-Total-Asset is 0.23.
How does Better For You Wellness' LT-Debt-to-Total-Asset compare to ALDA and STRG?
Better For You Wellness' LT-Debt-to-Total-Asset of 0.23 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good LT-Debt-to-Total-Asset depends on the Diversified Financial Services 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 Better For You Wellness and its competitors. Better For You Wellness's current LT-Debt-to-Total-Asset is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Better For You Wellness stock overvalued right now?
Better For You Wellness (BFYW) has a current LT-Debt-to-Total-Asset of 0.23. The current LT-Debt-to-Total-Asset is 0.23. 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 Better For You Wellness (BFYW), the current LT-Debt-to-Total-Asset is 0.23 as of Aug. 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.

Better For You Wellness Business Description

Address 1349 East Broad Street, Suite 123, Columbus, OH, USA, 43205
Better For You Wellness Inc is engaged in building brands and companies organically as well as exploring and evaluating various opportunities in the plant-based and science-focused food and beverage and consumer packaged goods sectors, including but not limited to, mergers, acquisitions, or business combination transactions.