Hannover House (Hannover House) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2020)

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

What is Hannover House 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. Hannover House's long-term debt to total assests ratio for the quarter that ended in Dec. 2020 was 0.00.

Hannover House's long-term debt to total assets ratio increased from Dec. 2014 (0.00) to Dec. 2020 (0.00). It may suggest that Hannover House is progressively becoming more dependent on debt to grow their business.

Hannover House LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hannover House'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.

Hannover House LT-Debt-to-Total-Asset Chart

Hannover House Annual Data

Trend

Dec14

Dec15

Dec20

LT-Debt-to-Total-Asset

Hannover House Semi-Annual Data
	Dec14	Dec15	Dec20
LT-Debt-to-Total-Asset	-	-	-

Hannover House LT-Debt-to-Total-Asset Calculation

Hannover House's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	0.109	/	36.776
	=	0.00

Hannover House's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (Q: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2020 )	/	Total Assets (Q: Dec. 2020 )
	=	0.109	/	36.776
	=	0.00

Hannover House (OTCPK:HHSE) 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.

Hannover House LT-Debt-to-Total-Asset Related Terms

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

Hannover House (Hannover House) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hannover House Inc (OTCPK:HHSE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1621 Central Avenue, Cheyenne, WY, USA, 82001

Website

https://www.hannoverhouse.com

Hannover House Inc is a service media company, specializing in the production and distribution of feature films for theaters, home videos, and video-on-demand formats for the North American retail marketplace. It is mainly focused on the literary and book-publishing industries. It is particularly noted for its successes in placing DVD titles within mass merchandisers and keychain stores. Retailers carrying Hannover products include independently owned and operated retail video stores, and mass merchants and retailers.

Executives