NUMIF (Numinus Wellness) LT-Debt-to-Total-Asset: 0.41 (As of May. 2025)


What is Numinus Wellness LT-Debt-to-Total-Asset?

Numinus Wellness NUMIF -0.69% LT-Debt-to-Total-Asset is 0.41 as of May. 2025.

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. Numinus Wellness's long-term debt to total assests ratio for the quarter that ended in May. 2025 was 0.41.

Numinus Wellness's long-term debt to total assets ratio increased from May. 2024 (0.32) to May. 2025 (0.41). It may suggest that Numinus Wellness is progressively becoming more dependent on debt to grow their business.

Numinus Wellness  (OTCPK:NUMIF) 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.

Numinus Wellness LT-Debt-to-Total-Asset Related Terms

Numinus Wellness LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Numinus Wellness'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.

Numinus Wellness LT-Debt-to-Total-Asset Chart

Numinus Wellness Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.06 0.02 0.12 0.23 0.13

Numinus Wellness Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 0.32 0.13 0.18 0.42 0.41

Numinus Wellness LT-Debt-to-Total-Asset Calculation

Numinus Wellness's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (A: Aug. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )/Total Assets (A: Aug. 2024 )
=1.055/7.889
=0.13

Numinus Wellness's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2025 is calculated as

LT Debt to Total Assets (Q: May. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: May. 2025 )/Total Assets (Q: May. 2025 )
=1.251/3.092
=0.40

* 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 0.41 mean?
Numinus Wellness (NUMIF) has a LT-Debt-to-Total-Asset of 0.41 as of May. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Numinus Wellness and its competitors.
Is Numinus Wellness' LT-Debt-to-Total-Asset too high?
Numinus Wellness' current LT-Debt-to-Total-Asset is 0.41.
How does Numinus Wellness' LT-Debt-to-Total-Asset compare to HLYK and SYRA?
Numinus Wellness' LT-Debt-to-Total-Asset of 0.41 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 Numinus Wellness and its competitors. Numinus Wellness's current LT-Debt-to-Total-Asset is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Numinus Wellness stock overvalued right now?
Numinus Wellness (NUMIF) has a current LT-Debt-to-Total-Asset of 0.41. The current LT-Debt-to-Total-Asset is 0.41. 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 Numinus Wellness (NUMIF), the current LT-Debt-to-Total-Asset is 0.41 as of May. 2025. 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.

Numinus Wellness Business Description

Address 801 - 33 Water Street, Vancouver, BC, CAN, V6B 1R4
Numinus Wellness Inc develops proprietary, psychedelic-centered, therapeutic products and services through its laboratory and research & development processes. The company's clinic network consists of Numinus Health, Mindspace Services, and the Neurology Center of Toronto. Its services include Ketamine-assisted psychotherapy for depression, neurological care, psychotherapy, and counseling by registered psychologists among others. The company's operating segments are; Clinical research operations, Canadian clinic network, US clinic network and Corporate. The majority of the revenue for the company is generated from US clinic network segment. Geographically, the company has its presence in United States and Canada.