PLNH (Planet 13 Holdings) LT-Debt-to-Total-Asset: 0.29 (As of Mar. 2026)

What is Planet 13 Holdings LT-Debt-to-Total-Asset?

Planet 13 Holdings PLNH +0.80% 33 LT-Debt-to-Total-Asset is 0.29 as of Mar. 2026. GuruFocus rates PLNH with a GF Score™ of 33/100 and a GF Value™ of $0.29 (Possible Value Trap). The stock has 7 warning signs investors should review.

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. Planet 13 Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.29.

Planet 13 Holdings's long-term debt to total assets ratio increased from Mar. 2025 (0.23) to Mar. 2026 (0.29). It may suggest that Planet 13 Holdings is progressively becoming more dependent on debt to grow their business.

Planet 13 Holdings (OTCPK:PLNH) 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.

Planet 13 Holdings LT-Debt-to-Total-Asset Related Terms

Planet 13 Holdings LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Planet 13 Holdings'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.

Planet 13 Holdings LT-Debt-to-Total-Asset Chart

Planet 13 Holdings Annual Data

Trend

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.11

0.12

0.17

0.23

0.28

Planet 13 Holdings Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.23	0.29	0.28	0.29

33GF Score

Planet 13 Holdings Inc PLNH

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Planet 13 Holdings LT-Debt-to-Total-Asset Calculation

Planet 13 Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	43.213	/	152.278
	=	0.28

Planet 13 Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	42.889	/	146.915
	=	0.29

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.29 mean?

Planet 13 Holdings (PLNH) has a LT-Debt-to-Total-Asset of 0.29 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Planet 13 Holdings and its competitors.

Is Planet 13 Holdings' LT-Debt-to-Total-Asset too high?

Planet 13 Holdings' current LT-Debt-to-Total-Asset is 0.29. Overall, Planet 13 Holdings has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Planet 13 Holdings' LT-Debt-to-Total-Asset compare to ZTS?

Planet 13 Holdings' LT-Debt-to-Total-Asset of 0.29 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 Planet 13 Holdings and its competitors. Planet 13 Holdings's current LT-Debt-to-Total-Asset is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Planet 13 Holdings stock overvalued right now?

Based on GuruFocus' analysis, Planet 13 Holdings (PLNH) is currently considered Possible Value Trap. The stock's GF Value™ is $0.29, compared to a current price of $0.13 — trading 56.5% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.29. Planet 13 Holdings' overall GF Score™ is 33/100 with 7 warning signs to review. 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 Planet 13 Holdings (PLNH), the current LT-Debt-to-Total-Asset is 0.29 as of Mar. 2026. 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.

Is Planet 13 Holdings (PLNH) Overvalued in 2026?

Based on GuruFocus' analysis, Planet 13 Holdings stock appears to be undervalued. The current stock price of $0.13 is trading 56.5% below its estimated GF Value™ of $0.29. GuruFocus considers Planet 13 Holdings to be Possible Value Trap.

Key valuation signals for PLNH:

LT-Debt-to-Total-Asset: 0.29
GF Value™: $0.29 vs. price of $0.13 (56.5% below fair value)
GF Score™: 33/100 with 7 warning signs

No single metric tells the full story. See the PLNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Planet 13 Holdings Business Description

Industry Healthcare Drug Manufacturers

Comparable Companies XCNQ:IAN TSXV:DB XCNQ:VEXT XCNQ:LEEF XCNQ:BNXT XCNQ:OPTI XCNQ:CXXI TSXV:LSL TSXV:ZYUS TSX:LABS XTER:MRK TSE:4502 XSWX:GALD SHSE:600276 NSE:SUNPHARMA XTAE:TEVA LSE:HLN XSWX:SDZ ZTS HKSE:03692

Other Exchanges Y7Q:Germany PLTH:Canada

Address 2548 West Desert Inn Road, Suite 100, Las Vegas, NV, USA, 89109

Website https://www.planet13holdings.com

Planet 13 Holdings Inc a vertically integrated cultivator and provider of cannabis and cannabis-infused products in the States of Nevada and California, with retail cannabis operations in Illinois. The company owns and manufactures cannabis products under the following brands: HaHa (gummies and beverages), Dreamland (chocolates), TRENDI (vapes and concentrates), Medizin (flower, vapes, concentrates), Leaf and Vine (vapes).

33GF Score

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$0.13

Price

$0.29

GF Value

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