Ovation Science (XCNQ:OVAT) Debt-to-Asset : 3.87 (As of Sep. 2024)

Ovation Science Debt-to-Asset Chart

Ovation Science Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															1.53	2.49	2.60	3.02	3.87

Competitive Comparison of Ovation Science's Debt-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Ovation Science'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.

Ovation Science's Debt-to-Asset Distribution in the Drug Manufacturers Industry

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

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

Ovation Science Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ovation Science's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Ovation Science's Debt-to-Asset for the quarter that ended in Sep. 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.

Ovation Science  (XCNQ:OVAT) 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.

Ovation Science Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Ovation Science's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Ovation Science Business Description