Groove Botanicals (Groove Botanicals) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Groove Botanicals 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. Groove Botanicals's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.00.

Groove Botanicals's long-term debt to total assets ratio stayed the same from Sep. 2017 (0.00) to Sep. 2023 (0.00).

Groove Botanicals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Groove Botanicals'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.

Groove Botanicals LT-Debt-to-Total-Asset Chart

Groove Botanicals Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.34

0.19

Groove Botanicals Semi-Annual Data
	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Sep22	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Groove Botanicals LT-Debt-to-Total-Asset Calculation

Groove Botanicals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2017 is calculated as

LT Debt to Total Assets (A: Mar. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2017 )	/	Total Assets (A: Mar. 2017 )
	=	0	/	0.325
	=	0.00

Groove Botanicals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0	/	0.003
	=

Groove Botanicals (OTCPK:GRVE) 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.

Groove Botanicals LT-Debt-to-Total-Asset Related Terms

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