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4Front Ventures (XCNQ:FFNT) Debt-to-Asset : 0.73 (As of Mar. 2024)


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What is 4Front Ventures Debt-to-Asset?

4Front Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$38.0 Mil. 4Front Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$221.9 Mil. 4Front Ventures's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was C$354.6 Mil. 4Front Ventures's debt to asset for the quarter that ended in Mar. 2024 was 0.73.


4Front Ventures Debt-to-Asset Historical Data

The historical data trend for 4Front Ventures'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.

4Front Ventures Debt-to-Asset Chart

4Front Ventures Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.59 0.66 0.60 0.80

4Front Ventures Quarterly Data
Apr19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.67 0.68 0.77 0.80 0.73

Competitive Comparison of 4Front Ventures's Debt-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, 4Front Ventures'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.


4Front Ventures's Debt-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 4Front Ventures's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where 4Front Ventures's Debt-to-Asset falls into.



4Front Ventures Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

4Front Ventures'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
=(36.693 + 244.827) / 354.121
=0.79

4Front Ventures's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(37.959 + 221.923) / 354.638
=0.73

* 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.


4Front Ventures  (XCNQ:FFNT) 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.


4Front Ventures Debt-to-Asset Related Terms

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4Front Ventures (XCNQ:FFNT) Business Description

Traded in Other Exchanges
Address
5060 North 40th Street, Suite 120, Phoenix, AZ, USA, 85018
4Front Ventures Corp is a Canadian-based company. It is engaged in the cultivation, processing, extracting, manufacturing, and distribution of cannabis products. It operates in two segments: THC Cannabis and CBD Wellness. The THC Cannabis segment engages in the production and cultivation of THC cannabis, manufacturing and distribution of cannabis products to own dispensaries and third-party retail customers. The CBD Wellness segment encompasses the production and sale of CBD products to third-party customers.

4Front Ventures (XCNQ:FFNT) Headlines

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