EDNEF (Eden Empire) LT-Debt-to-Total-Asset: 0.14 (As of Apr. 2022)


What is Eden Empire LT-Debt-to-Total-Asset?

Eden Empire EDNEF LT-Debt-to-Total-Asset is 0.14 as of Apr. 2022.

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. Eden Empire's long-term debt to total assests ratio for the quarter that ended in Apr. 2022 was 0.14.

Eden Empire's long-term debt to total assets ratio declined from Apr. 2021 (0.27) to Apr. 2022 (0.14). It may suggest that Eden Empire is progressively becoming less dependent on debt to grow their business.

Eden Empire  (OTCPK:EDNEF) 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.

Eden Empire LT-Debt-to-Total-Asset Related Terms

Eden Empire LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Eden Empire'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.

Eden Empire LT-Debt-to-Total-Asset Chart

Eden Empire Annual Data
Trend Jul19 Jul20 Jul21
LT-Debt-to-Total-Asset
0.95 0.27 0.03

Eden Empire Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.03 0.04 0.14 0.14

Eden Empire LT-Debt-to-Total-Asset Calculation

Eden Empire's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2021 is calculated as

LT Debt to Total Assets (A: Jul. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2021 )/Total Assets (A: Jul. 2021 )
=0.12/3.526
=0.03

Eden Empire's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2022 is calculated as

LT Debt to Total Assets (Q: Apr. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Apr. 2022 )/Total Assets (Q: Apr. 2022 )
=0.66/4.618
=0.14

* 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 0.14 mean?
Eden Empire (EDNEF) has a LT-Debt-to-Total-Asset of 0.14 as of Apr. 2022. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Eden Empire and its competitors.
Is Eden Empire's LT-Debt-to-Total-Asset too high?
Eden Empire's current LT-Debt-to-Total-Asset is 0.14.
How does Eden Empire's LT-Debt-to-Total-Asset compare to ZTS and CTLT?
Eden Empire's LT-Debt-to-Total-Asset of 0.14 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 Eden Empire and its competitors. Eden Empire's current LT-Debt-to-Total-Asset is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eden Empire stock overvalued right now?
Eden Empire (EDNEF) has a current LT-Debt-to-Total-Asset of 0.14. The current LT-Debt-to-Total-Asset is 0.14. 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 Eden Empire (EDNEF), the current LT-Debt-to-Total-Asset is 0.14 as of Apr. 2022. 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.

Eden Empire Business Description

Address The Stack, 1133 Melville Street, Suite 2700, Vancouver, BC, CAN, V6E 4E5
Eden Empire Inc is engaged in the business of operating and investing in the retail cannabis sector.