Replenish Nutrients Holding (XCNQ:ERTH) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2024)

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What is Replenish Nutrients Holding 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. Replenish Nutrients Holding's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.10.

Replenish Nutrients Holding's long-term debt to total assets ratio increased from Sep. 2023 (0.09) to Sep. 2024 (0.10). It may suggest that Replenish Nutrients Holding is progressively becoming more dependent on debt to grow their business.

Replenish Nutrients Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Replenish Nutrients Holding'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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Replenish Nutrients Holding LT-Debt-to-Total-Asset Chart

Replenish Nutrients Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.06

0.11

0.09

0.10

Replenish Nutrients Holding Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.10	0.10	0.10	0.10

Replenish Nutrients Holding LT-Debt-to-Total-Asset Calculation

Replenish Nutrients Holding's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2.944	/	29.408
	=	0.10

Replenish Nutrients Holding's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	2.492	/	24.267
	=	0.10

Replenish Nutrients Holding (XCNQ:ERTH) 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.

Replenish Nutrients Holding LT-Debt-to-Total-Asset Related Terms

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Replenish Nutrients Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Replenish Nutrients Holding Corp (XCNQ:ERTH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VVIVF:USA 7KE:Germany

Address

Station Main, PO Box 1186, Okotoks, AB, CAN, T15 1B1

Website

https://www.replenishnutrients.com

Replenish Nutrients Holding Corp is an agriculture biotechnology company and a leading intellectual property developer of regenerative fertilizer solutions and sustainable manufacturing processes to support a farm system that prioritizes healthy soils and grower profitability. By combining a balanced source of micronized nutrients and organic matter with its proprietary blends and granulation process, Replenish has developed a sustainable alternative to synthetic fertilizers that enhances overall soil function and biology while providing valuable plant-available nutrients farmers rely upon for healthy crops.

Executives

Bradley John Orr

Director

Replenish Nutrients Holding Headlines

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