Avicanna (FRA:0NN) Debt-to-Equity: 0.04 (As of Jun. 2026) — 43% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:0NN Avicanna Inc FRA:0NN
50 GF Score
Price €0.08
GF Value €0.15
! 3 Warning Signs
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What is Avicanna Debt-to-Equity?

Avicanna FRA:0NN +0.65% 50 Debt-to-Equity is 0.04 as of Jun. 2026, which is 43% below its 10-year median of 0.07. GuruFocus rates FRA:0NN with a GF Score™ of 50/100 and a GF Value™ of €0.15. The stock has 3 warning signs investors should review. Among 813 Drug Manufacturers companies, Avicanna ranks better than 84.99% on this metric.

Avicanna's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €0.11 Mil. Avicanna's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €0.00 Mil. Avicanna's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €2.85 Mil. Avicanna's debt to equity for the quarter that ended in Jun. 2026 was 0.04.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Avicanna's Debt-to-Equity or its related term are showing as below:

FRA:0NN' s Debt-to-Equity Range Over the Past 10 Years
Min: -15.96   Med: 0.07   Max: 46.06
Current: 0.04

During the past 10 years, the highest Debt-to-Equity Ratio of Avicanna was 46.06. The lowest was -15.96. And the median was 0.07.

FRA:0NN's Debt-to-Equity is ranked better than
84.99% of 813 companies
in the Drug Manufacturers industry
Industry Median: 0.27 vs FRA:0NN: 0.04

Avicanna  (FRA:0NN) 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.


Avicanna Debt-to-Equity Related Terms


Avicanna Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Avicanna's Debt-to-Equity 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.

Avicanna Debt-to-Equity Chart

Avicanna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 -8.35 -16.00 0.04 0.00

Avicanna Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.00 0.00 0.00 0.04

FRA:0NN vs ZTS: Debt-to-Equity Comparison

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


Avicanna Debt-to-Equity vs Drug Manufacturers Industry

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

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


FRA:0NN
50GF Score
Avicanna Inc FRA:0NN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Avicanna Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avicanna's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Avicanna's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.04 mean?
Avicanna (FRA:0NN) has a Debt-to-Equity of 0.04 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Avicanna and its competitors. This is 43% below median its historical median of 0.07. According to the industry distribution chart, Avicanna ranks #122 out of 813 companies in the Drug Manufacturers industry, placing it in the top 15%.
Is Avicanna's Debt-to-Equity too high?
Avicanna's current Debt-to-Equity of 0.04 is 43% below median its 10-year median of 0.07. The Drug Manufacturers industry median Debt-to-Equity is 0.27. Avicanna's value of 0.04 is 85.2% below this industry median. Based on the distribution chart, Avicanna ranks #122 out of 813 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Avicanna has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Avicanna's Debt-to-Equity compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Avicanna ranks #122 out of 813 companies for Debt-to-Equity. This places Avicanna in the top 15% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.27. Avicanna's value of 0.04 is 85.2% below this benchmark. While the company's 10-year median is 0.07 vs. the industry median of 0.27, Avicanna has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Drug Manufacturers company?
The median Debt-to-Equity among Drug Manufacturers companies is 0.27, based on 813 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avicanna's current Debt-to-Equity of 0.04 is 85.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Avicanna and its competitors. For the Drug Manufacturers industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avicanna's current Debt-to-Equity is 0.04, which is 43% below median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avicanna stock overvalued right now?
Avicanna (FRA:0NN) has a current Debt-to-Equity of 0.04. The stock's GF Value™ is €0.15, compared to a current price of €0.08 — trading 48.7% below its estimated fair value. The current Debt-to-Equity is 0.04, which is 43% below median its 10-year median of 0.07 and 85.2% below the Drug Manufacturers industry median of 0.27. Avicanna's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Avicanna (FRA:0NN), the current Debt-to-Equity is 0.04 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Avicanna (FRA:0NN) Overvalued in 2026?

Based on GuruFocus' analysis, Avicanna stock appears to be undervalued. The current stock price of €0.08 is trading 48.7% below its estimated GF Value™ of €0.15.

Key valuation signals for FRA:0NN:

  • Debt-to-Equity: 0.04 (43% below median its 10-year median of 0.07)
  • GF Value™: €0.15 vs. price of €0.08 (48.7% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 85.2% below the Drug Manufacturers median (#122 of 813)

No single metric tells the full story. See the FRA:0NN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avicanna Business Description

Address 480 University Avenue, Suite 1502, Toronto, BC, CAN, M5G 1V2
Avicanna Inc is a commercial-stage international biopharmaceutical company focused on the development, advancement, and commercialization of evidence-based cannabinoid-based products and formulations for the medical and pharmaceutical market segments. It has three operating segments: Canada, International, and Corporate. It generates the majority of its revenue from Canada.
50GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.08
Price
€0.15
GF Value