YUMFF (The Yumy Candy Co) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2024)

View and export this data going back to 2021. Start your Free Trial

What is The Yumy Candy Co 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. The Yumy Candy Co's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.00.

The Yumy Candy Co's long-term debt to total assets ratio declined from Oct. 2023 (0.01) to Oct. 2024 (0.00). It may suggest that The Yumy Candy Co is progressively becoming less dependent on debt to grow their business.

The Yumy Candy Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Yumy Candy Co'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.

The Yumy Candy Co LT-Debt-to-Total-Asset Chart

The Yumy Candy Co Annual Data

Trend

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

0.02

The Yumy Candy Co Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.01	0.02	0.02	0.02	-

The Yumy Candy Co LT-Debt-to-Total-Asset Calculation

The Yumy Candy Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	0.004	/	0.261
	=	0.02

The Yumy Candy Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	0	/	0.251
	=	0.00

The Yumy Candy Co (OTCPK:YUMFF) 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.

The Yumy Candy Co LT-Debt-to-Total-Asset Related Terms

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

The Yumy Candy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Yumy Candy Co Inc (OTCPK:YUMFF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FWR0:Germany TYUM:Canada

Address

700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3

Website

https://www.yumybear.com

The Yumy Candy Co Inc is an affordable health-conscious low-sugar plant-based confectionary company. It has developed a portfolio of healthier gelatine-free candies made from Non-GMO ingredients with proprietary recipes. All of its products are free of gelatin, soy, gluten, nuts, dairy, eggs, sugar alcohols, artificial sweeteners, and genetically modified organisms.