HADV (Health Advance) LT-Debt-to-Total-Asset: 0.00 (As of Sep. 2017)


What is Health Advance LT-Debt-to-Total-Asset?

Health Advance HADV LT-Debt-to-Total-Asset is 0.00 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. Health Advance's long-term debt to total assests ratio for the quarter that ended in Sep. 2017 was 0.00.

Health Advance's long-term debt to total assets ratio stayed the same from Jul. 2016 (0.00) to Sep. 2017 (0.00).

Health Advance  (OTCPK:HADV) 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.

Health Advance LT-Debt-to-Total-Asset Related Terms

Health Advance LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Health Advance'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.

Health Advance LT-Debt-to-Total-Asset Chart

Health Advance Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15
LT-Debt-to-Total-Asset
0.00 0.00 0.00 0.00 0.00

Health Advance Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 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 0.00 0.00 0.00 0.00 0.00

Health Advance LT-Debt-to-Total-Asset Calculation

Health Advance's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2015 is calculated as

LT Debt to Total Assets (A: Jul. 2015 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2015 )/Total Assets (A: Jul. 2015 )
=0/0
=

Health Advance'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 )
=0/2.965
=

* 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 0.00 mean?
Health Advance (HADV) has a LT-Debt-to-Total-Asset of 0.00 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 Health Advance and its competitors.
Is Health Advance's LT-Debt-to-Total-Asset too high?
Health Advance's current LT-Debt-to-Total-Asset is 0.00.
How does Health Advance's LT-Debt-to-Total-Asset compare to MYDP and HEWA?
Health Advance's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good LT-Debt-to-Total-Asset depends on the Healthcare Providers & Services 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 Health Advance and its competitors. Health Advance's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Health Advance stock overvalued right now?
Health Advance (HADV) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. 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 Health Advance (HADV), the current LT-Debt-to-Total-Asset is 0.00 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.

Health Advance Business Description

Address 9131 Keele Street, Suite A4, Vaughan, ON, CAN, L4K 0G7
Health Advance Inc is engaged in the retail domain. The Company is focused on products that are oriented to health and wellness. The first example of this is a proprietary CBD-infused wine beverage. The company is in the analysis stage for Immune boosting nutraceuticals, and human wellness products.