Microbix Biosystems (Microbix Biosystems) Debt-to-Asset : 0.18 (As of Dec. 2023)

Microbix Biosystems Debt-to-Asset Chart

Microbix Biosystems Annual Data
	Trend	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23
Debt-to-Asset		Get a 7-Day Free Trial					0.36	0.40	0.27	0.18	0.19

Microbix Biosystems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.18	0.20	0.19	0.19	0.18

Competitive Comparison of Microbix Biosystems's Debt-to-Asset

For the Biotechnology subindustry, Microbix Biosystems'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.

Microbix Biosystems's Debt-to-Asset Distribution in the Biotechnology Industry

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

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

Microbix Biosystems Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Microbix Biosystems's Debt-to-Asset for the fiscal year that ended in Sep. 2023 is calculated as

Microbix Biosystems's Debt-to-Asset for the quarter that ended in Dec. 2023 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.

Microbix Biosystems  (OTCPK:MBXBF) 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.

Microbix Biosystems Debt-to-Asset Related Terms

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Microbix Biosystems (Microbix Biosystems) Business Description