VRTHF (Indigenous Bloom Hemp) LT-Debt-to-Total-Asset: 0.00 (As of Feb. 2023)

What is Indigenous Bloom Hemp LT-Debt-to-Total-Asset?

Indigenous Bloom Hemp VRTHF -99.93% LT-Debt-to-Total-Asset is 0.00 as of Feb. 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. Indigenous Bloom Hemp's long-term debt to total assests ratio for the quarter that ended in Feb. 2023 was 0.00.

Indigenous Bloom Hemp's long-term debt to total assets ratio declined from Nov. 2021 (0.05) to Feb. 2023 (0.00). It may suggest that Indigenous Bloom Hemp is progressively becoming less dependent on debt to grow their business.

Indigenous Bloom Hemp (OTCPK:VRTHF) 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.

Indigenous Bloom Hemp LT-Debt-to-Total-Asset Related Terms

Indigenous Bloom Hemp LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp LT-Debt-to-Total-Asset Chart

Indigenous Bloom Hemp Annual Data

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LT-Debt-to-Total-Asset

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0.00

0.02

Indigenous Bloom Hemp Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Nov21	Feb22	May22	Aug22	Feb23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.04	0.02	0.02	0.00

Indigenous Bloom Hemp LT-Debt-to-Total-Asset Calculation

Indigenous Bloom Hemp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2022 is calculated as

LT Debt to Total Assets (A: May. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2022 )	/	Total Assets (A: May. 2022 )
	=	0.01	/	0.591
	=

Indigenous Bloom Hemp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2023 is calculated as

LT Debt to Total Assets (Q: Feb. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2023 )	/	Total Assets (Q: Feb. 2023 )
	=	0	/	0.417
	=

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.00 mean?

Indigenous Bloom Hemp (VRTHF) has a LT-Debt-to-Total-Asset of 0.00 as of Feb. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Indigenous Bloom Hemp and its competitors.

Is Indigenous Bloom Hemp's LT-Debt-to-Total-Asset too high?

Indigenous Bloom Hemp's current LT-Debt-to-Total-Asset is 0.00.

How does Indigenous Bloom Hemp's LT-Debt-to-Total-Asset compare to ZTS?

Indigenous Bloom Hemp's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?

A good LT-Debt-to-Total-Asset depends on the Drug Manufacturers 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 Indigenous Bloom Hemp and its competitors. Indigenous Bloom Hemp's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Indigenous Bloom Hemp stock overvalued right now?

Indigenous Bloom Hemp (VRTHF) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. 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 Indigenous Bloom Hemp (VRTHF), the current LT-Debt-to-Total-Asset is 0.00 as of Feb. 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.

Indigenous Bloom Hemp Business Description

Industry Healthcare Drug Manufacturers

Comparable Companies XCNQ:MJ XCNQ:PLNT.X XCNQ:OVAT XCNQ:GSL XCNQ:BIO TSXV:NU XCNQ:SE XCNQ:XCX XCNQ:MJRX XCNQ:MGW ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XSWX:SDZ HKSE:03692

Address c/o 3200 650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7

Website https://www.indigenousbloomcorporate.com

Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts.