Decibel Cannabis Co (TSXV:DB) Debt-to-Asset : 0.33 (As of Sep. 2023)

Decibel Cannabis Co Debt-to-Asset Chart

Decibel Cannabis Co Annual Data
	Trend	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Dec19	Dec20	Dec21	Dec22
Debt-to-Asset		Get a 7-Day Free Trial					-	0.46	0.49	0.40	0.34

Decibel Cannabis Co Quarterly Data
	Oct18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial															0.34	0.34	0.35	0.35	0.33

Competitive Comparison of Decibel Cannabis Co's Debt-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Decibel Cannabis Co'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.

Decibel Cannabis Co's Debt-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Decibel Cannabis Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Decibel Cannabis Co's Debt-to-Asset falls into.

Decibel Cannabis Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Decibel Cannabis Co's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Decibel Cannabis Co's Debt-to-Asset for the quarter that ended in Sep. 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.

Decibel Cannabis Co  (TSXV:DB) 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.

Decibel Cannabis Co Debt-to-Asset Related Terms

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Decibel Cannabis Co (TSXV:DB) Business Description