Trees (CANN) LT-Debt-to-Total-Asset: 0.74 (As of Sep. 2024)


CANN Trees Corp CANN
12 GF Score
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What is Trees LT-Debt-to-Total-Asset?

Trees CANN +25.61% 12 LT-Debt-to-Total-Asset is 0.74 as of Sep. 2024. GuruFocus rates CANN 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. Trees's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.74.

Trees's long-term debt to total assets ratio increased from Sep. 2023 (0.57) to Sep. 2024 (0.74). It may suggest that Trees is progressively becoming more dependent on debt to grow their business.

Trees  (OTCPK:CANN) 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.

Trees LT-Debt-to-Total-Asset Related Terms

Trees LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Trees'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.

Trees LT-Debt-to-Total-Asset Chart

Trees 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 0.52 0.38 0.60 0.68

Trees Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.57 0.68 0.70 0.75 0.74
CANN
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Trees Corp CANN
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Trees LT-Debt-to-Total-Asset Calculation

Trees'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 )
=15.734/23.247
=0.68

Trees's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=15.639/21.159
=0.74

* 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 0.74 mean?
Trees (CANN) has a LT-Debt-to-Total-Asset of 0.74 as of Sep. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Trees and its competitors.
Is Trees' LT-Debt-to-Total-Asset too high?
Trees' current LT-Debt-to-Total-Asset is 0.74. Overall, Trees has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Trees' LT-Debt-to-Total-Asset compare to RAPH and LIFD?
Trees' LT-Debt-to-Total-Asset of 0.74 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 Trees and its competitors. Trees's current LT-Debt-to-Total-Asset is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trees stock overvalued right now?
Trees (CANN) has a current LT-Debt-to-Total-Asset of 0.74. The current LT-Debt-to-Total-Asset is 0.74. Trees' 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 Trees (CANN), the current LT-Debt-to-Total-Asset is 0.74 as of Sep. 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.

Trees Business Description

Address 10030 W 27th Avenue, Wheat Ridge, CO, USA, 80215
Trees Corp is a vertically integrated cannabis company and multi-state operator in the United States. It has two segments Retail and Cultivation. It is pursuing a roll-up plan of licensed assets in mature markets while maintaining loyal, local customer bases. TREES owns and operates a light-deprivation greenhouse and a campus of indoor cultivation facilities in Boulder, dispensaries in Englewood, Longmont, and Berthoud, Colorado, and three dispensaries in Portland, Oregon.
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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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