The Well Told Company (TSXV:WLCO.H) LT-Debt-to-Total-Asset : 0.60 (As of Sep. 2022)

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What is The Well Told Company 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. The Well Told Company's long-term debt to total assests ratio for the quarter that ended in Sep. 2022 was 0.60.

The Well Told Company's long-term debt to total assets ratio increased from Sep. 2021 (0.00) to Sep. 2022 (0.60). It may suggest that The Well Told Company is progressively becoming more dependent on debt to grow their business.

The Well Told Company LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Well Told Company'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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The Well Told Company LT-Debt-to-Total-Asset Chart

The Well Told Company Annual Data

Trend

Dec21

LT-Debt-to-Total-Asset

0.05

The Well Told Company Quarterly Data
	Sep20	Sep21	Dec21	Mar22	Jun22	Sep22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.05	0.43	0.65	0.60

The Well Told Company LT-Debt-to-Total-Asset Calculation

The Well Told Company's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	0.112	/	2.429
	=	0.05

The Well Told Company's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (Q: Sep. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2022 )	/	Total Assets (Q: Sep. 2022 )
	=	1.192	/	1.972
	=	0.60

The Well Told Company (TSXV:WLCO.H) 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.

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The Well Told Company (TSXV:WLCO.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Well Told Company Inc (TSXV:WLCO.H) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Yorkville Avenue, Suite 200, Toronto, ON, CAN, M5R 3K5

Website

http://www.welltold.com

The Well Told Company Inc is a plant-based wellness company that formulates, develops, distributes, and sells a variety of supplements, remedies, and other functional wellness products.

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