DAVIDsTEA (FRA:DAT) LT-Debt-to-Total-Asset : 0.12 (As of Oct. 2022)

View and export this data going back to 2015. Start your Free Trial

What is DAVIDsTEA 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. DAVIDsTEA's long-term debt to total assests ratio for the quarter that ended in Oct. 2022 was 0.12.

DAVIDsTEA's long-term debt to total assets ratio increased from Oct. 2021 (0.04) to Oct. 2022 (0.12). It may suggest that DAVIDsTEA is progressively becoming more dependent on debt to grow their business.

DAVIDsTEA LT-Debt-to-Total-Asset Historical Data

The historical data trend for DAVIDsTEA'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.

DAVIDsTEA LT-Debt-to-Total-Asset Chart

DAVIDsTEA Annual Data

Trend

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.52

0.13

DAVIDsTEA Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.13	0.13	0.13	0.12

DAVIDsTEA LT-Debt-to-Total-Asset Calculation

DAVIDsTEA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2022 is calculated as

LT Debt to Total Assets (A: Jan. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2022 )	/	Total Assets (A: Jan. 2022 )
	=	7.136	/	55.05
	=	0.13

DAVIDsTEA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2022 is calculated as

LT Debt to Total Assets (Q: Oct. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2022 )	/	Total Assets (Q: Oct. 2022 )
	=	6.147	/	50.846
	=	0.12

DAVIDsTEA (FRA:DAT) 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.

DAVIDsTEA LT-Debt-to-Total-Asset Related Terms

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

DAVIDsTEA (FRA:DAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DAVIDsTEA Inc (FRA:DAT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5430 Ferrier Street, Mount-Royal, QC, CAN, H4P 1M2

Website

https://www.davidstea.com

DAVIDsTEA Inc is a company functional in Canada's packaged foods market. Operating as a branded retailer of different types of tea, the company serves through DAVIDsTEA stores and its website, davidstea.com. Its business involves the sale of three main products; Tea, Tea Accessories and Food and Beverages. Tea products such as loose-leaf teas, pre-packaged teas, and tea sachets account for the majority of the company's sales. The Company has two operating segments, Canada, and the U.S; that derive their revenues from various distribution channels including online, retail and wholesale. The Company derives revenue from Tea, Tea accessories and Food and beverages products. Majority revenue is derived from Tea products.