CNBX (CNBX Pharmaceuticals) Debt-to-Asset : 60.36 (As of Nov. 2024)

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What is CNBX Pharmaceuticals Debt-to-Asset?

CNBX Pharmaceuticals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was $1.33 Mil. CNBX Pharmaceuticals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was $0.00 Mil. CNBX Pharmaceuticals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Nov. 2024 was $0.02 Mil. CNBX Pharmaceuticals's debt to asset for the quarter that ended in Nov. 2024 was 60.36.

CNBX Pharmaceuticals Debt-to-Asset Historical Data

The historical data trend for CNBX Pharmaceuticals's Debt-to-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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CNBX Pharmaceuticals Debt-to-Asset Chart

CNBX Pharmaceuticals Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Debt-to-Asset

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0.28

2.17

2.69

41.77

CNBX Pharmaceuticals Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Debt-to-Asset	Get a 7-Day Free Trial															3.40	7.88	16.18	41.77	60.36

Competitive Comparison of CNBX Pharmaceuticals's Debt-to-Asset

For the Biotechnology subindustry, CNBX Pharmaceuticals's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

CNBX Pharmaceuticals's Debt-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, CNBX Pharmaceuticals's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where CNBX Pharmaceuticals's Debt-to-Asset falls into.

CNBX Pharmaceuticals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CNBX Pharmaceuticals's Debt-to-Asset for the fiscal year that ended in Aug. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.295	+	0)	/	0.031
	=	41.77

CNBX Pharmaceuticals's Debt-to-Asset for the quarter that ended in Nov. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.328	+	0)	/	0.022
	=	60.36

CNBX Pharmaceuticals (OTCPK:CNBX) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

CNBX Pharmaceuticals Debt-to-Asset Related Terms

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CNBX Pharmaceuticals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » CNBX Pharmaceuticals Inc (OTCPK:CNBX) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Bethesda Metro Center, Suite 700, Bethesda, MD, USA, 20814

Website

https://www.cnbxpharma.com

CNBX Pharmaceuticals Inc is a clinical-stage biotechnology company. It develops pharmaceuticals focusing on cancer research utilizing HTS technology and personalized bioinformatics tools. The company's main focus is the development of cannabinoid therapies and other technologies for the treatment of cancer, mainly cancers of the gastrointestinal tract, skin, breast, and prostate. The firm's main product is the Cannabics SR, an oral capsule developed for the treatment of patients with cancer and cancer anorexia cachexia syndrome (CACS). It also has an anti-neoplastic drug candidate under development for Colorectal Cancer (CRC) named RCC-33.

Executives

Cannabics Inc.	10 percent owner	108 WEST 13TH ST., WILMINGTON DE 19801
Thomas E Mills	director, officer: President, CEO, CFO
North American Mining Corp	10 percent owner	6767 WEST TROPICANA AVENUE, SUITE 229, LAS VEGAS NV 89103
Lou Hilford	director, officer: Vice-President, Secretary