Sensible Meats (NEOE:HOTD) LT-Debt-to-Total-Asset : 0.00 (As of Feb. 2024)

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What is Sensible Meats 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. Sensible Meats's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.00.

Sensible Meats's long-term debt to total assets ratio declined from Feb. 2023 (0.00) to Feb. 2024 (0.00). It may suggest that Sensible Meats is progressively becoming less dependent on debt to grow their business.

Sensible Meats LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sensible Meats'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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Sensible Meats LT-Debt-to-Total-Asset Chart

Sensible Meats Annual Data

Trend

Nov21

Nov22

Nov23

LT-Debt-to-Total-Asset

0.01

Sensible Meats Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				-	-	-	-	-

Sensible Meats LT-Debt-to-Total-Asset Calculation

Sensible Meats's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (A: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )	/	Total Assets (A: Nov. 2023 )
	=	0	/	6.841
	=

Sensible Meats's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	0	/	6.715
	=

Sensible Meats (NEOE:HOTD) 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.

Sensible Meats LT-Debt-to-Total-Asset Related Terms

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Sensible Meats (NEOE:HOTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sensible Meats Inc (NEOE:HOTD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4723 - 1st Street SW, Suite 300,, Calgary, AB, CAN, T2G 4Y8

Website

https://www.sensiblemeats.com

Sensible Meats Inc is a plant-based food company that has designed and developed plant-based meat food alternatives and intends to distribute and sell its line of plant-based hot dogs. The company's first and primary product is a line of plant-based hotdogs.

Sensible Meats (NEOE:HOTD) Headlines

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