VGGIF (Boosh Plant-Based Brands) LT-Debt-to-Total-Asset: 0.64 (As of Dec. 2023)


What is Boosh Plant-Based Brands LT-Debt-to-Total-Asset?

Boosh Plant-Based Brands VGGIF -99.96% LT-Debt-to-Total-Asset is 0.64 as of Dec. 2023.

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. Boosh Plant-Based Brands's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.64.

Boosh Plant-Based Brands's long-term debt to total assets ratio increased from Dec. 2022 (0.03) to Dec. 2023 (0.64). It may suggest that Boosh Plant-Based Brands is progressively becoming more dependent on debt to grow their business.

Boosh Plant-Based Brands  (OTCPK:VGGIF) 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.

Boosh Plant-Based Brands LT-Debt-to-Total-Asset Related Terms

Boosh Plant-Based Brands LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Boosh Plant-Based Brands'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.

Boosh Plant-Based Brands LT-Debt-to-Total-Asset Chart

Boosh Plant-Based Brands Annual Data
Trend Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
0.00 0.03 0.00 0.40

Boosh Plant-Based Brands Quarterly Data
Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.40 0.45 0.52 0.64

Boosh Plant-Based Brands LT-Debt-to-Total-Asset Calculation

Boosh Plant-Based Brands's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )/Total Assets (A: Mar. 2023 )
=0.19/0.479
=0.40

Boosh Plant-Based Brands's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=0.19/0.297
=0.64

* 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 0.64 mean?
Boosh Plant-Based Brands (VGGIF) has a LT-Debt-to-Total-Asset of 0.64 as of Dec. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Boosh Plant-Based Brands and its competitors.
Is Boosh Plant-Based Brands' LT-Debt-to-Total-Asset too high?
Boosh Plant-Based Brands' current LT-Debt-to-Total-Asset is 0.64.
How does Boosh Plant-Based Brands' LT-Debt-to-Total-Asset compare to NXMH and NBND?
Boosh Plant-Based Brands' LT-Debt-to-Total-Asset of 0.64 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good LT-Debt-to-Total-Asset depends on the Consumer Packaged Goods 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 Boosh Plant-Based Brands and its competitors. Boosh Plant-Based Brands's current LT-Debt-to-Total-Asset is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boosh Plant-Based Brands stock overvalued right now?
Boosh Plant-Based Brands (VGGIF) has a current LT-Debt-to-Total-Asset of 0.64. The current LT-Debt-to-Total-Asset is 0.64. 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 Boosh Plant-Based Brands (VGGIF), the current LT-Debt-to-Total-Asset is 0.64 as of Dec. 2023. 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.

Boosh Plant-Based Brands Business Description

Address 176 Street, Suite 103-6554, Surrey, BC, CAN, V3S 4G5
Boosh Plant-Based Brands Inc operates as a plant-based ready-to-eat food company. It distributes and sells plant-based frozen meals to grocery outlets and independent grocery stores throughout Canada. The company's segment includes Corporate; Snacks; Entrees and Appetizers. It generates maximum revenue from the Snacks segment.