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GRNBF (GreenBank Capital) LT-Debt-to-Total-Asset : 0.04 (As of Apr. 2024)


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What is GreenBank Capital 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. GreenBank Capital's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.04.

GreenBank Capital's long-term debt to total assets ratio increased from Apr. 2023 (0.03) to Apr. 2024 (0.04). It may suggest that GreenBank Capital is progressively becoming more dependent on debt to grow their business.


GreenBank Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for GreenBank Capital'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.

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GreenBank Capital LT-Debt-to-Total-Asset Chart

GreenBank Capital Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.38 0.27 0.06 0.03

GreenBank Capital Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.03 0.03 0.04 0.04 0.04

GreenBank Capital LT-Debt-to-Total-Asset Calculation

GreenBank Capital's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (A: Jul. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2023 )/Total Assets (A: Jul. 2023 )
=0.344/10.139
=

GreenBank Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (Q: Apr. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )/Total Assets (Q: Apr. 2024 )
=0.339/9.696
=

* 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.


GreenBank Capital  (OTCPK:GRNBF) 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.


GreenBank Capital LT-Debt-to-Total-Asset Related Terms

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GreenBank Capital Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
GreenBank Capital Inc is a merchant bank. The company's operating segment include investments, software development, and mineral exploration. The company derives maximum revenue from investments. The company specializes in private equity, public listings, pre-IPO funding, corporate restructuring, mergers and acquisitions, reverse mergers, and business incubating.