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Canna (CNCC) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2019)


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What is Canna 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. Canna's long-term debt to total assests ratio for the quarter that ended in Jun. 2019 was 0.00.

Canna's long-term debt to total assets ratio stayed the same from Jun. 2018 (0.00) to Jun. 2019 (0.00).

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

The historical data trend for Canna'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.

* Premium members only.

Canna LT-Debt-to-Total-Asset Chart

Canna Annual Data
Trend Dec15 Dec16 Dec17 Dec18
LT-Debt-to-Total-Asset
- - - 0.02

Canna Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 - 0.04 0.02 0.02 -

Canna LT-Debt-to-Total-Asset Calculation

Canna's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )/Total Assets (A: Dec. 2018 )
=0.036/1.598
=0.02

Canna's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

LT Debt to Total Assets (Q: Jun. 2019 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2019 )/Total Assets (Q: Jun. 2019 )
=0/1.459
=

* 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.

Canna  (OTCPK:CNCC) 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.

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

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Canna (CNCC) Business Description

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Traded in Other Exchanges
N/A
Address
20200 Dixie Highway, Suite 906, Miami, FL, USA, 33180
Website
http://www.miningpowergroup.com
Canna Corp is a holding company. The company is involved in the crypto mining business. It also plans to invest in the development of proprietary crypto mining hardware and software. The company also include the operation of data centers to provide low-cost hosting services to cryptocurrency miners from around the world.