Eviana Health (XCNQ:EHC) LT-Debt-to-Total-Asset : 0.53 (As of Mar. 2019)

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What is Eviana Health 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. Eviana Health's long-term debt to total assests ratio for the quarter that ended in Mar. 2019 was 0.53.

Eviana Health's long-term debt to total assets ratio increased from Mar. 2018 (0.00) to Mar. 2019 (0.53). It may suggest that Eviana Health is progressively becoming more dependent on debt to grow their business.

Eviana Health LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eviana Health'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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Eviana Health LT-Debt-to-Total-Asset Chart

Eviana Health Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

LT-Debt-to-Total-Asset

1.15

Eviana Health Quarterly Data
	Jun15	Mar16	Jun16	Sep16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								-	-	-	0.47	0.53

Eviana Health LT-Debt-to-Total-Asset Calculation

Eviana Health's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2018 is calculated as

LT Debt to Total Assets (A: Jun. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2018 )	/	Total Assets (A: Jun. 2018 )
	=	0.016	/	6.394
	=

Eviana Health's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2019 is calculated as

LT Debt to Total Assets (Q: Mar. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2019 )	/	Total Assets (Q: Mar. 2019 )
	=	8.019	/	15.027
	=

Eviana Health (XCNQ:EHC) 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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Eviana Health (XCNQ:EHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Eviana Health Corp (XCNQ:EHC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5728 East Boulevard, Vancouver, BC, CAN, V6M 4M4

Website

http://www.eviana.ca

Eviana Health Corp produces and sells cannabinoid products from natural hemp strains of cannabis sativa for consumer health-care products, pharmaceuticals, nutraceuticals, and cosmeceuticals, as well as for topical creams and other health and wellness products.