CBGI (Cannabusiness Group) LT-Debt-to-Total-Asset: 0.39 (As of Dec. 2007)


What is Cannabusiness Group LT-Debt-to-Total-Asset?

Cannabusiness Group CBGI -90.00% LT-Debt-to-Total-Asset is 0.39 as of Dec. 2007.

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. Cannabusiness Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2007 was 0.39.

Cannabusiness Group's long-term debt to total assets ratio increased from Dec. 2005 (0.04) to Dec. 2007 (0.39). It may suggest that Cannabusiness Group is progressively becoming more dependent on debt to grow their business.

Cannabusiness Group  (OTCPK:CBGI) 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.

Cannabusiness Group LT-Debt-to-Total-Asset Related Terms

Cannabusiness Group LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Cannabusiness Group'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.

Cannabusiness Group LT-Debt-to-Total-Asset Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.04 0.51 0.39

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.04 0.51 0.39

Cannabusiness Group LT-Debt-to-Total-Asset Calculation

Cannabusiness Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (A: Dec. 2007 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2007 )/Total Assets (A: Dec. 2007 )
=2.511/6.462
=0.39

Cannabusiness Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (Q: Dec. 2007 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2007 )/Total Assets (Q: Dec. 2007 )
=2.511/6.462
=0.39

* 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 0.39 mean?
Cannabusiness Group (CBGI) has a LT-Debt-to-Total-Asset of 0.39 as of Dec. 2007. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Cannabusiness Group and its competitors.
Is Cannabusiness Group's LT-Debt-to-Total-Asset too high?
Cannabusiness Group's current LT-Debt-to-Total-Asset is 0.39.
How does Cannabusiness Group's LT-Debt-to-Total-Asset compare to BIEI and BKIT?
Cannabusiness Group's LT-Debt-to-Total-Asset of 0.39 can be compared against companies in the Real Estate 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 Real Estate company?
A good LT-Debt-to-Total-Asset depends on the Real Estate 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 Cannabusiness Group and its competitors. Cannabusiness Group's current LT-Debt-to-Total-Asset is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabusiness Group stock overvalued right now?
Cannabusiness Group (CBGI) has a current LT-Debt-to-Total-Asset of 0.39. The current LT-Debt-to-Total-Asset is 0.39. 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 Cannabusiness Group (CBGI), the current LT-Debt-to-Total-Asset is 0.39 as of Dec. 2007. 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.

Cannabusiness Group Business Description

Address 905 Cotting Lane, Suite 160, Vacaville, CA, USA, 95688
Cannabusiness Group Inc is engaged in real estate acquisition, leasing, and management firms whose primary focus is on zoning issues. The company acquires commercial property or land, and lease out the facilities for Agricultural, Industrial, Commercial, and Retail.