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Adastra Holdings (XCNQ:XTRX) Debt-to-Revenue : 0.14 (As of Mar. 2024)


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What is Adastra Holdings Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Adastra Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$3.51 Mil. Adastra Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.14 Mil. Adastra Holdings's annualized Revenue for the quarter that ended in Mar. 2024 was C$26.11 Mil. Adastra Holdings's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.14.


Adastra Holdings Debt-to-Revenue Historical Data

The historical data trend for Adastra Holdings's Debt-to-Revenue 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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Adastra Holdings Debt-to-Revenue Chart

Adastra Holdings Annual Data
Trend Apr19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
N/A 1.00 0.64 0.30 0.16

Adastra Holdings Quarterly Data
Oct18 Oct19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.17 0.14 0.21 0.18 0.14

Competitive Comparison of Adastra Holdings's Debt-to-Revenue

For the Drug Manufacturers - Specialty & Generic subindustry, Adastra Holdings's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Adastra Holdings's Debt-to-Revenue Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Adastra Holdings's Debt-to-Revenue falls into.



Adastra Holdings Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Adastra Holdings's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3.496 + 0.148) / 22.223
=0.16

Adastra Holdings's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3.505 + 0.143) / 26.112
=0.14

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Adastra Holdings Debt-to-Revenue Related Terms

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Adastra Holdings Business Description

Traded in Other Exchanges
Address
275th Street, Suite 5451, Langley, BC, CAN, V4W 3X8
Adastra Holdings Ltd is an extraction and processing solutions company. It aims to develop and deploy large-scale cannabis and hemp extraction technologies and provide turnkey processing solutions to help licensed standard and micro-cultivators maximize the value of every harvest. The company has two operating segments comprised of manufacturing and non-manufacturing operations. The manufacturing operations include the manufacturing, sale, and distribution of cannabis-related products, and the non-manufacturing operations include PerceiveMD.
Executives
Lachlan Clyde Mcleod Senior Officer

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