HCANF (Halo Collective) LT-Debt-to-Total-Asset: 0.28 (As of Jun. 2023)


HCANF Halo Collective Inc HCANF
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What is Halo Collective LT-Debt-to-Total-Asset?

Halo Collective HCANF -99.00% 12 LT-Debt-to-Total-Asset is 0.28 as of Jun. 2023. GuruFocus rates HCANF with a GF Score™ of 12/100.

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. Halo Collective's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.28.

Halo Collective's long-term debt to total assets ratio increased from Jun. 2022 (0.14) to Jun. 2023 (0.28). It may suggest that Halo Collective is progressively becoming more dependent on debt to grow their business.

Halo Collective  (OTCPK:HCANF) 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.

Halo Collective LT-Debt-to-Total-Asset Related Terms

Halo Collective LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Halo Collective'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.

Halo Collective LT-Debt-to-Total-Asset Chart

Halo Collective Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.21 0.21 0.08 0.24

Halo Collective Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.14 0.14 0.24 0.24 0.28
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Halo Collective Inc HCANF
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Halo Collective LT-Debt-to-Total-Asset Calculation

Halo Collective's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=13.852/56.892
=0.24

Halo Collective'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 )
=12.255/44.192
=0.28

* 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 0.28 mean?
Halo Collective (HCANF) has a LT-Debt-to-Total-Asset of 0.28 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 Halo Collective and its competitors.
Is Halo Collective's LT-Debt-to-Total-Asset too high?
Halo Collective's current LT-Debt-to-Total-Asset is 0.28. Overall, Halo Collective has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Halo Collective's LT-Debt-to-Total-Asset compare to INLB and BGPPF?
Halo Collective's LT-Debt-to-Total-Asset of 0.28 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 Halo Collective and its competitors. Halo Collective's current LT-Debt-to-Total-Asset is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halo Collective stock overvalued right now?
Halo Collective (HCANF) has a current LT-Debt-to-Total-Asset of 0.28. The current LT-Debt-to-Total-Asset is 0.28. Halo Collective's overall GF Score™ is 12/100. 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 Halo Collective (HCANF), the current LT-Debt-to-Total-Asset is 0.28 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.

Halo Collective Business Description

Address 550 Burrard Street, Suite 2300, Vancouver, BC, CAN, V6C 2B5
Halo Collective Inc is a cannabis extraction company. It is engaged in manufacturing cannabis oil and concentrates and distributing cannabis products for recreational use in the states of Oregon, Nevada and California.
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