ERBB (American Green) LT-Debt-to-Total-Asset: 0.05 (As of Jun. 2023)


What is American Green LT-Debt-to-Total-Asset?

American Green ERBB -33.33% LT-Debt-to-Total-Asset is 0.05 as of Jun. 2023.

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. American Green's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.05.

American Green's long-term debt to total assets ratio increased from . 20 (0.00) to Jun. 2023 (0.05). It may suggest that American Green is progressively becoming more dependent on debt to grow their business.

American Green  (OTCPK:ERBB) 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.

American Green LT-Debt-to-Total-Asset Related Terms

American Green LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for American Green'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.

American Green LT-Debt-to-Total-Asset Chart

American Green Annual Data
Trend Jun22 Jun23
LT-Debt-to-Total-Asset
0.00 0.05

American Green Semi-Annual Data
Jun22 Jun23
LT-Debt-to-Total-Asset 0.00 0.05

American Green LT-Debt-to-Total-Asset Calculation

American Green's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )/Total Assets (A: Jun. 2023 )
=0.472/9.731
=0.05

American Green's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=0.472/9.731
=0.05

* 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 0.05 mean?
American Green (ERBB) has a LT-Debt-to-Total-Asset of 0.05 as of Jun. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on American Green and its competitors.
Is American Green's LT-Debt-to-Total-Asset too high?
American Green's current LT-Debt-to-Total-Asset is 0.05.
How does American Green's LT-Debt-to-Total-Asset compare to UPC and MJNA?
American Green's LT-Debt-to-Total-Asset of 0.05 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 American Green and its competitors. American Green's current LT-Debt-to-Total-Asset is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Green stock overvalued right now?
American Green (ERBB) has a current LT-Debt-to-Total-Asset of 0.05. The current LT-Debt-to-Total-Asset is 0.05. 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 American Green (ERBB), the current LT-Debt-to-Total-Asset is 0.05 as of Jun. 2023. 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.

American Green Business Description

Address 30 N Gould Street, Suite R, Sheridan, WY, USA, 82801
American Green Inc is a technology company in the medical cannabis industry. It is involved in the business of developing a cultivation facility in Phoenix Arizona for medical marijuana and also owns proprietary dispensing machines and has online sales operation for CBD products and apparel.