CGAC (Code Green Apparel) LT-Debt-to-Total-Asset: 20.00 (As of Sep. 2017)


What is Code Green Apparel LT-Debt-to-Total-Asset?

Code Green Apparel CGAC LT-Debt-to-Total-Asset is 20.00 as of Sep. 2017.

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. Code Green Apparel's long-term debt to total assests ratio for the quarter that ended in Sep. 2017 was 20.00.

Code Green Apparel's long-term debt to total assets ratio increased from Sep. 2016 (0.43) to Sep. 2017 (20.00). It may suggest that Code Green Apparel is progressively becoming more dependent on debt to grow their business.

Code Green Apparel  (OTCPK:CGAC) 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.

Code Green Apparel LT-Debt-to-Total-Asset Related Terms

Code Green Apparel LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Code Green Apparel'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.

Code Green Apparel LT-Debt-to-Total-Asset Chart

Code Green Apparel Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec15 Dec16
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 4.55

Code Green Apparel Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.43 4.55 2.63 7.41 20.00

Code Green Apparel LT-Debt-to-Total-Asset Calculation

Code Green Apparel's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (A: Dec. 2016 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2016 )/Total Assets (A: Dec. 2016 )
=0.2/0.044
=4.55

Code Green Apparel's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2017 is calculated as

LT Debt to Total Assets (Q: Sep. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2017 )/Total Assets (Q: Sep. 2017 )
=0.2/0.01
=20.00

* 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 20.00 mean?
Code Green Apparel (CGAC) has a LT-Debt-to-Total-Asset of 20.00 as of Sep. 2017. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Code Green Apparel and its competitors.
Is Code Green Apparel's LT-Debt-to-Total-Asset too high?
Code Green Apparel's current LT-Debt-to-Total-Asset is 20.00.
How does Code Green Apparel's LT-Debt-to-Total-Asset compare to competitors?
Code Green Apparel's LT-Debt-to-Total-Asset of 20.00 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good LT-Debt-to-Total-Asset depends on the Capital Markets 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 Code Green Apparel and its competitors. Code Green Apparel's current LT-Debt-to-Total-Asset is 20.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Code Green Apparel stock overvalued right now?
Code Green Apparel (CGAC) has a current LT-Debt-to-Total-Asset of 20.00. The current LT-Debt-to-Total-Asset is 20.00. 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 Code Green Apparel (CGAC), the current LT-Debt-to-Total-Asset is 20.00 as of Sep. 2017. 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.

Code Green Apparel Business Description

Address 12600 Hill Country Boulevard, Suite R-275, Bee Cave, TX, USA, 78738
Code Green Apparel Corp is a Digital Energy Company. The company focuses on development of containerized and modular AI infrastructure designed to address the growing energy, cooling, and deployment constraints facing AI data centers, as AI infrastructure faces growing constraints driven by power availability and rising electrical costs.