CBDG (THC Farmaceuticals) LT-Debt-to-Total-Asset: 0.53 (As of Jun. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is THC Farmaceuticals LT-Debt-to-Total-Asset?

THC Farmaceuticals CBDG LT-Debt-to-Total-Asset is 0.53 as of Jun. 2018.

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. THC Farmaceuticals's long-term debt to total assests ratio for the quarter that ended in Jun. 2018 was 0.53.

THC Farmaceuticals's long-term debt to total assets ratio increased from Jun. 2015 (0.40) to Jun. 2018 (0.53). It may suggest that THC Farmaceuticals is progressively becoming more dependent on debt to grow their business.

THC Farmaceuticals  (OTCPK:CBDG) 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.

THC Farmaceuticals LT-Debt-to-Total-Asset Related Terms

THC Farmaceuticals LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for THC Farmaceuticals'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.

THC Farmaceuticals LT-Debt-to-Total-Asset Chart

THC Farmaceuticals Annual Data
Trend Sep10 Sep11 Sep12 Sep13
LT-Debt-to-Total-Asset
0.00 0.00 0.00 1.16

THC Farmaceuticals Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar17 Jun17 Mar18 Jun18
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 0.40 0.00 0.00 0.53 0.53

THC Farmaceuticals LT-Debt-to-Total-Asset Calculation

THC Farmaceuticals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2013 is calculated as

LT Debt to Total Assets (A: Sep. 2013 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2013 )/Total Assets (A: Sep. 2013 )
=0.057/0.049
=1.16

THC Farmaceuticals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

LT Debt to Total Assets (Q: Jun. 2018 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2018 )/Total Assets (Q: Jun. 2018 )
=0.925/1.751
=0.53

* 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 0.53 mean?
THC Farmaceuticals (CBDG) has a LT-Debt-to-Total-Asset of 0.53 as of Jun. 2018. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on THC Farmaceuticals and its competitors.
Is THC Farmaceuticals' LT-Debt-to-Total-Asset too high?
THC Farmaceuticals' current LT-Debt-to-Total-Asset is 0.53.
How does THC Farmaceuticals' LT-Debt-to-Total-Asset compare to BOXS?
THC Farmaceuticals' LT-Debt-to-Total-Asset of 0.53 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good LT-Debt-to-Total-Asset depends on the Biotechnology 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 THC Farmaceuticals and its competitors. THC Farmaceuticals's current LT-Debt-to-Total-Asset is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THC Farmaceuticals stock overvalued right now?
THC Farmaceuticals (CBDG) has a current LT-Debt-to-Total-Asset of 0.53. The current LT-Debt-to-Total-Asset is 0.53. 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 THC Farmaceuticals (CBDG), the current LT-Debt-to-Total-Asset is 0.53 as of Jun. 2018. 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.

THC Farmaceuticals Business Description

Address 2789 Rio Vista Drive, Suite 3, Saint George, UT, USA, 84790
THC Farmaceuticals Inc is a clinical-stage biotechnology company specializing in the discovery, development, and commercialization of novel cannabinoid-based products in dental, ophthalmology, and other medical disciplines. It offers the combination of proprietary developments with the expertise of clinicians and scientists to unlock the therapeutic properties of cannabis and its bioactive compounds.