MVRK (Maverick Lifestyle) LT-Debt-to-Total-Asset: 0.96 (As of Sep. 2024)


What is Maverick Lifestyle LT-Debt-to-Total-Asset?

Maverick Lifestyle MVRK LT-Debt-to-Total-Asset is 0.96 as of Sep. 2024.

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. Maverick Lifestyle's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.96.

Maverick Lifestyle's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Sep. 2024 (0.96). It may suggest that Maverick Lifestyle is progressively becoming more dependent on debt to grow their business.

Maverick Lifestyle  (NAS:MVRK) 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.

Maverick Lifestyle LT-Debt-to-Total-Asset Related Terms

Maverick Lifestyle LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle LT-Debt-to-Total-Asset Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.80 0.85 0.91 0.94

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.99 0.94 0.94 0.96

Maverick Lifestyle LT-Debt-to-Total-Asset Calculation

Maverick Lifestyle's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=8.051/8.525
=0.94

Maverick Lifestyle's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=8.051/8.39
=0.96

* 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 0.96 mean?
Maverick Lifestyle (MVRK) has a LT-Debt-to-Total-Asset of 0.96 as of Sep. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Maverick Lifestyle and its competitors.
Is Maverick Lifestyle's LT-Debt-to-Total-Asset too high?
Maverick Lifestyle's current LT-Debt-to-Total-Asset is 0.96.
How does Maverick Lifestyle's LT-Debt-to-Total-Asset compare to ?
Maverick Lifestyle's LT-Debt-to-Total-Asset of 0.96 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good LT-Debt-to-Total-Asset depends on the Tobacco Products 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 Maverick Lifestyle and its competitors. Maverick Lifestyle's current LT-Debt-to-Total-Asset is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current LT-Debt-to-Total-Asset of 0.96. The current LT-Debt-to-Total-Asset is 0.96. 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 Maverick Lifestyle (MVRK), the current LT-Debt-to-Total-Asset is 0.96 as of Sep. 2024. 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.

Maverick Lifestyle Business Description

Comparable Companies
Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.