AJA Health and Wellness (TSXV:AJA) LT-Debt-to-Total-Asset: 0.05 (As of Sep. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is AJA Health and Wellness LT-Debt-to-Total-Asset?

AJA Health and Wellness TSXV:AJA LT-Debt-to-Total-Asset is 0.05 as of Sep. 2024.

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. AJA Health and Wellness's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

AJA Health and Wellness's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.05). It may suggest that AJA Health and Wellness is progressively becoming more dependent on debt to grow their business.

AJA Health and Wellness  (TSXV:AJA) 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.

AJA Health and Wellness LT-Debt-to-Total-Asset Related Terms

AJA Health and Wellness LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for AJA Health and 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.

AJA Health and Wellness LT-Debt-to-Total-Asset Chart

AJA Health and Wellness Annual Data
Trend Dec22 Dec23
LT-Debt-to-Total-Asset
0.61 0.37

AJA Health and Wellness Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.00 0.37 0.26 0.28 0.05

AJA Health and Wellness LT-Debt-to-Total-Asset Calculation

AJA Health and Wellness'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 )
=0.211/0.57
=0.37

AJA Health and Wellness's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=0.147/3.204
=0.05

* 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 0.05 mean?
AJA Health and Wellness (TSXV:AJA) has a LT-Debt-to-Total-Asset of 0.05 as of Sep. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on AJA Health and Wellness and its competitors.
Is AJA Health and Wellness' LT-Debt-to-Total-Asset too high?
AJA Health and Wellness' current LT-Debt-to-Total-Asset is 0.05.
How does AJA Health and Wellness' LT-Debt-to-Total-Asset compare to VEEV and GEHC?
AJA Health and Wellness' LT-Debt-to-Total-Asset of 0.05 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 AJA Health and Wellness and its competitors. AJA Health and Wellness's current LT-Debt-to-Total-Asset is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJA Health and Wellness stock overvalued right now?
AJA Health and Wellness (TSXV:AJA) has a current LT-Debt-to-Total-Asset of 0.05. The current LT-Debt-to-Total-Asset is 0.05. 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 AJA Health and Wellness (TSXV:AJA), the current LT-Debt-to-Total-Asset is 0.05 as of Sep. 2024. 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.

AJA Health and Wellness Business Description

Address 1199 West Pender Street, Suite 680, Vancouver, BC, CAN, V6E 2R1
AJA Health and Wellness Inc is engaged in operating a telemedicine platform and full-service travel clinics, offering health insurance options, employee benefit packages, and natural skincare and pain relief products.