GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rocky Mountain Liquor Inc (TSXV:RUM) » Definitions » Debt-to-Asset

Rocky Mountain Liquor (TSXV:RUM) Debt-to-Asset : 0.58 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Rocky Mountain Liquor Debt-to-Asset?

Rocky Mountain Liquor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$2.94 Mil. Rocky Mountain Liquor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$10.26 Mil. Rocky Mountain Liquor's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was C$22.79 Mil. Rocky Mountain Liquor's debt to asset for the quarter that ended in Dec. 2023 was 0.58.


Rocky Mountain Liquor Debt-to-Asset Historical Data

The historical data trend for Rocky Mountain Liquor's Debt-to-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.

Rocky Mountain Liquor Debt-to-Asset Chart

Rocky Mountain Liquor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.72 0.66 0.62 0.58

Rocky Mountain Liquor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.63 0.62 0.61 0.58

Competitive Comparison of Rocky Mountain Liquor's Debt-to-Asset

For the Specialty Retail subindustry, Rocky Mountain Liquor's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rocky Mountain Liquor's Debt-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rocky Mountain Liquor's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Rocky Mountain Liquor's Debt-to-Asset falls into.



Rocky Mountain Liquor Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Rocky Mountain Liquor's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.939 + 10.261) / 22.786
=0.58

Rocky Mountain Liquor's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.939 + 10.261) / 22.786
=0.58

* 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.


Rocky Mountain Liquor  (TSXV:RUM) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Rocky Mountain Liquor Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Rocky Mountain Liquor's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Rocky Mountain Liquor (TSXV:RUM) Business Description

Traded in Other Exchanges
N/A
Address
11478, 149 Street, Edmonton, AB, CAN, T5M 1W7
Rocky Mountain Liquor Inc, through its subsidiary, owns and operates liquor stores in Canada. The company offers a product mix including beer, wine, spirits, ready-to-drink products, as well as ancillary items such as juice, ice, soft drinks, and giftware. It has retail liquor stores located in Alberta.
Executives
Joan Byrne 10% Security Holder
Peter Byrne 10% Security Holder, Senior Officer