Cannabix Technologies (Cannabix Technologies) Debt-to-Equity : 0.01 (As of Jan. 2024)

Cannabix Technologies Debt-to-Equity Chart

Cannabix Technologies Annual Data
	Trend	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Apr22	Apr23
Debt-to-Equity		Get a 7-Day Free Trial					-	-	-	-	0.02

Cannabix Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															-	0.02	0.02	0.01	0.01

Competitive Comparison of Cannabix Technologies's Debt-to-Equity

For the Medical Devices subindustry, Cannabix Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Cannabix Technologies's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cannabix Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cannabix Technologies's Debt-to-Equity falls into.

Cannabix Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cannabix Technologies's Debt to Equity Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Cannabix Technologies's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

* 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.

Cannabix Technologies  (OTCPK:BLOZF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Cannabix Technologies Debt-to-Equity Related Terms

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Cannabix Technologies (Cannabix Technologies) Business Description