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Planet 13 Holdings (XCNQ:PLTH) Debt-to-Asset : 0.17 (As of Mar. 2024)


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What is Planet 13 Holdings Debt-to-Asset?

Planet 13 Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$2.3 Mil. Planet 13 Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$34.9 Mil. Planet 13 Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was C$213.0 Mil. Planet 13 Holdings's debt to asset for the quarter that ended in Mar. 2024 was 0.17.


Planet 13 Holdings Debt-to-Asset Historical Data

The historical data trend for Planet 13 Holdings'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.

Planet 13 Holdings Debt-to-Asset Chart

Planet 13 Holdings Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.18 0.16 0.11 0.12 0.18

Planet 13 Holdings Quarterly Data
Jun19 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 0.12 0.13 0.16 0.18 0.17

Competitive Comparison of Planet 13 Holdings's Debt-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Planet 13 Holdings'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.


Planet 13 Holdings's Debt-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Planet 13 Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Planet 13 Holdings's Debt-to-Asset falls into.



Planet 13 Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Planet 13 Holdings'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
=(2.092 + 33.905) / 203.584
=0.18

Planet 13 Holdings'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
=(2.251 + 34.924) / 213.04
=0.17

* 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.


Planet 13 Holdings  (XCNQ:PLTH) 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.


Planet 13 Holdings Debt-to-Asset Related Terms

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Planet 13 Holdings (XCNQ:PLTH) Business Description

Traded in Other Exchanges
Address
2548 West Desert Inn Road, Las Vegas, NV, USA, 89109
Planet 13 Holdings Inc operates as an integrated cannabis company based in Nevada, with cultivation, production, and dispensary operations in Las Vegas. The company is focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its technology as the vanguard of cannabis.
Executives
Christopher Brian Wren Senior Officer

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