Boosh Plant-Based Brands (Boosh Plant-Based Brands) LT-Debt-to-Total-Asset : 0.64 (As of Dec. 2023)

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What is Boosh Plant-Based Brands 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. Boosh Plant-Based Brands's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.64.

Boosh Plant-Based Brands's long-term debt to total assets ratio increased from Dec. 2022 (0.03) to Dec. 2023 (0.64). It may suggest that Boosh Plant-Based Brands is progressively becoming more dependent on debt to grow their business.

Boosh Plant-Based Brands LT-Debt-to-Total-Asset Historical Data

The historical data trend for Boosh Plant-Based Brands'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.

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Boosh Plant-Based Brands LT-Debt-to-Total-Asset Chart

Boosh Plant-Based Brands Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.03

0.40

Boosh Plant-Based Brands Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.03	0.40	0.45	0.52	0.64

Boosh Plant-Based Brands LT-Debt-to-Total-Asset Calculation

Boosh Plant-Based Brands's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	0.19	/	0.479
	=	0.40

Boosh Plant-Based Brands's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.19	/	0.297
	=	0.64

Boosh Plant-Based Brands (OTCPK:VGGIF) 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.

Boosh Plant-Based Brands LT-Debt-to-Total-Asset Related Terms

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Boosh Plant-Based Brands (Boosh Plant-Based Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Boosh Plant-Based Brands Inc (OTCPK:VGGIF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

77I:Germany VEGI:Canada

Address

176 Street, Suite 103-6554, Surrey, BC, CAN, V3S 4G5

Website

https://www.booshfood.com

Boosh Plant-Based Brands Inc operates as a plant-based ready-to-eat food company. It distributes and sells plant-based frozen meals to grocery outlets and independent grocery stores throughout Canada. The company's segment includes Corporate; Snacks; Entrees and Appetizers. It generates maximum revenue from the Snacks segment.

Boosh Plant-Based Brands (Boosh Plant-Based Brands) Headlines

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