Argo Living Soils (XCNQ:ARGO) LT-Debt-to-Total-Asset : 0.00 (As of Nov. 2023)

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What is Argo Living Soils 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. Argo Living Soils's long-term debt to total assests ratio for the quarter that ended in Nov. 2023 was 0.00.

Argo Living Soils's long-term debt to total assets ratio stayed the same from Nov. 2022 (0.00) to Nov. 2023 (0.00).

Argo Living Soils LT-Debt-to-Total-Asset Historical Data

The historical data trend for Argo Living Soils'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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Argo Living Soils LT-Debt-to-Total-Asset Chart

Argo Living Soils Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

LT-Debt-to-Total-Asset

0.02

0.01

Argo Living Soils Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										-	-	-	-	-

Argo Living Soils LT-Debt-to-Total-Asset Calculation

Argo Living Soils's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (A: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )	/	Total Assets (A: Nov. 2023 )
	=	0	/	0.138
	=

Argo Living Soils's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (Q: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2023 )	/	Total Assets (Q: Nov. 2023 )
	=	0	/	0.138
	=

Argo Living Soils (XCNQ:ARGO) 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.

Argo Living Soils LT-Debt-to-Total-Asset Related Terms

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Argo Living Soils (XCNQ:ARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Argo Living Soils Corp (XCNQ:ARGO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ARLSF:USA

Address

1130 Pender Street West, Suite 820, Vancouver, BC, CAN, V6E 4A4

Website

https://argolivingsoils.com

Argo Living Soils Corp is an agribusiness company specializing in producing and developing organic products including soil amendments, living soils, bio-fertilizers, vermicompost, and compost tea kits formulated specifically for high-value crops.

Executives

Robert Carlo Intile

Director