Better Plant Sciences (STU:YG3A) LT-Debt-to-Total-Asset : 0.00 (As of Aug. 2023)

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What is Better Plant Sciences 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. Better Plant Sciences's long-term debt to total assests ratio for the quarter that ended in Aug. 2023 was 0.00.

Better Plant Sciences's long-term debt to total assets ratio declined from Aug. 2022 (0.52) to Aug. 2023 (0.00). It may suggest that Better Plant Sciences is progressively becoming less dependent on debt to grow their business.

Better Plant Sciences LT-Debt-to-Total-Asset Historical Data

The historical data trend for Better Plant Sciences'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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Better Plant Sciences LT-Debt-to-Total-Asset Chart

Better Plant Sciences Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

LT-Debt-to-Total-Asset

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0.06

0.27

0.61

Better Plant Sciences Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.52	0.61	-	-	-

Better Plant Sciences LT-Debt-to-Total-Asset Calculation

Better Plant Sciences's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2022 is calculated as

LT Debt to Total Assets (A: Nov. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2022 )	/	Total Assets (A: Nov. 2022 )
	=	0.642	/	1.05
	=	0.61

Better Plant Sciences's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (Q: Aug. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2023 )	/	Total Assets (Q: Aug. 2023 )
	=	0	/	0.13
	=

Better Plant Sciences (STU:YG3A) 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.

Better Plant Sciences LT-Debt-to-Total-Asset Related Terms

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Better Plant Sciences (STU:YG3A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Better Plant Sciences Inc (STU:YG3A) » Definitions » LT-Debt-to-Total-Asset

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Address

2770 Fraser Street, Unit 1, Vancouver, BC, CAN, V5T 3V7

Website

https://www.betterplantsciences.com

Better Plant Sciences Inc provides marketing, financial, branding, bookkeeping, and other services.

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