STKH (Steakholder Foods) LT-Debt-to-Total-Asset : 0.18 (As of Jun. 2024)

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What is Steakholder Foods 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. Steakholder Foods's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.18.

Steakholder Foods's long-term debt to total assets ratio increased from Sep. 2022 (0.10) to Jun. 2024 (0.18). It may suggest that Steakholder Foods is progressively becoming more dependent on debt to grow their business.

Steakholder Foods LT-Debt-to-Total-Asset Historical Data

The historical data trend for Steakholder Foods'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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Steakholder Foods LT-Debt-to-Total-Asset Chart

Steakholder Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.01

0.17

0.23

Steakholder Foods Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.17	0.26	0.23	0.18

Steakholder Foods LT-Debt-to-Total-Asset Calculation

Steakholder Foods'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 )
	=	2.456	/	10.823
	=

Steakholder Foods's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	2.199	/	12.154
	=

Steakholder Foods (NAS:STKH) 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.

Steakholder Foods LT-Debt-to-Total-Asset Related Terms

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Steakholder Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Steakholder Foods Ltd (NAS:STKH) » Definitions » LT-Debt-to-Total-Asset

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MTTCF:USA

Address

5 David Fikes Street, P.O. Box 4061, Rehovot, ISR, 7638205

Website

https://www.steakholderfoods.com

Steakholder Foods Ltd is engaged in transforming the alternative protein industries through its technology. The group specializes in developing and selling 3D-printing production machines, supported by proprietary premix blends, formulated from the highest-quality raw ingredients. These tools help manufacturers of all sizes efficiently produce foods that meet consumer expectations for taste, texture, and appearance and offer a safe and sustainable alternative to industrialized meat and seafood production. The company's expertise in creating alternative protein products replicating traditional meats' complex textures such as beef steaks, white fish, shrimp, and eel. It also explores the integration of cultivated cells, preparing for future advancements in food technology.