WFCF (Where Food Comes From) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2024)

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What is Where Food Comes From 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. Where Food Comes From's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.14.

Where Food Comes From's long-term debt to total assets ratio declined from Dec. 2023 (0.15) to Dec. 2024 (0.14). It may suggest that Where Food Comes From is progressively becoming less dependent on debt to grow their business.

Where Food Comes From LT-Debt-to-Total-Asset Historical Data

The historical data trend for Where Food Comes From'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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Where Food Comes From LT-Debt-to-Total-Asset Chart

Where Food Comes From Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.20

0.15

0.14

Where Food Comes From Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.16	0.14	0.14	0.14

Where Food Comes From LT-Debt-to-Total-Asset Calculation

Where Food Comes From's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	2.194	/	15.306
	=	0.14

Where Food Comes From's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	2.194	/	15.306
	=	0.14

Where Food Comes From (NAS:WFCF) 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.

Where Food Comes From LT-Debt-to-Total-Asset Related Terms

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Where Food Comes From Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Where Food Comes From Inc (NAS:WFCF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

202 6th Street, Suite 400, Castle Rock, CO, USA, 80104

Website

https://www.wherefoodcomesfrom.com

Where Food Comes From Inc is a third-party food verification company. It offers food production audits and uses verification processes to ensure that claims made by food producers and processors are accurate. The company supports farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, and restaurants with a wide variety of value-added services provided through its family of verifiers, including International Certification Services, Validus Verification Services, and others. The company operates in two segments that are verification and certification and Software Sales and Related Consulting. It generates the majority of its revenue from verification and certification.

Executives

Pete Lapaseotes	director	221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Dannette Henning	officer: CFO	221 WILCOX STREET, SUITE A, CASTLE ROCK CO 80104
Graeme P. Rein	director	221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
Michael Duane Smith	director, 10 percent owner	221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
John K Saunders	director, officer: CEO	221 WILCOX STREET #A, CASTLE ROCK CO 80104
Leann Saunders	director, officer: President	221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Tom Heinen	director	221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Gary Chester Smith	director	221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Adam Larson	director	221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Robert Vanschoick	director	221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104