Brewbilt Brewing Co (Brewbilt Brewing Co) LT-Debt-to-Total-Asset : 0.86 (As of Mar. 2024)

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What is Brewbilt Brewing Co LT-Debt-to-Total-Asset?

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. Brewbilt Brewing Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.86.

Brewbilt Brewing Co's long-term debt to total assets ratio increased from Mar. 2023 (0.66) to Mar. 2024 (0.86). It may suggest that Brewbilt Brewing Co is progressively becoming more dependent on debt to grow their business.

Brewbilt Brewing Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Brewbilt Brewing 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.

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Brewbilt Brewing Co LT-Debt-to-Total-Asset Chart

Brewbilt Brewing Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.18

0.66

0.73

Brewbilt Brewing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.66	0.69	0.74	0.73	0.86

Brewbilt Brewing Co LT-Debt-to-Total-Asset Calculation

Brewbilt Brewing 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 )
	=	1.772	/	2.413
	=	0.73

Brewbilt Brewing Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1.956	/	2.277
	=	0.86

Brewbilt Brewing Co (OTCPK:BRBL) 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.

Brewbilt Brewing Co LT-Debt-to-Total-Asset Related Terms

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Brewbilt Brewing Co (Brewbilt Brewing Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Brewbilt Brewing Co (OTCPK:BRBL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

110 Spring Hill Drive, Suite 17, Grass Valley, CA, USA, 95945

Website

https://www.brewbilt.com

Brewbilt Brewing Co is engaged in the manufacturing of custom designs and handcrafts brewing and fermentation equipment and supplies necessary equipment for craft beer production. BrewBilt Brewing produces satisfying beers using small-batch California malt for a good-quality beer. The facility and experienced staff ferment the lagers in stacked horizontal lagering tanks and give them plenty of cold aging time to achieve optimal taste and clarity. The packaging process utilizes a counter-pressure Codi line to ensure the lowest possible level of packaged oxygen, maximizing product stability and continuity over its shelf life.

Executives

Jef Howard Lewis	director	318 CLAY STREET, NEVADA CITY CA 95959
Bennett Buchanan	director	13848 LAVA DOME WAY, NEVADA CITY CA 95959
James Powell	director, officer: President	999 18TH STREET, SUITE 3000, DENVER CO 80202
Tim C Deherrera	director	1400 16TH STREET, SUITE 400, DENVER CO 80202
Paul Watts	director, officer: President	33 CAVENDISH SQUARE, LONDON X0 W140RA
Kelly Sundberg	director, 10 percent owner, officer: President	45 COVE PARK ROAD NE, CALGARY A0 T3K 5XB