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

View and export this data going back to 2014. Start your Free Trial

What is Indigenous Bloom Hemp 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. 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 LT-Debt-to-Total-Asset Historical Data

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.

* Premium members only.

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

Indigenous Bloom Hemp Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

May22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

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	-

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 )
	=	0.013	/	0.76
	=

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	/	0.561
	=

Indigenous Bloom Hemp (XCNQ:IBH) 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

Thank you for viewing the detailed overview of Indigenous Bloom Hemp's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Indigenous Bloom Hemp (XCNQ:IBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Indigenous Bloom Hemp Corp (XCNQ:IBH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VRTHF:USA

Address

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. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.

Indigenous Bloom Hemp (XCNQ:IBH) Headlines

No Headlines