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Decibel Cannabis Co (TSXV:DB) Liabilities-to-Assets : 0.57 (As of Dec. 2024)


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What is Decibel Cannabis Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Decibel Cannabis Co's Total Liabilities for the quarter that ended in Dec. 2024 was C$87.14 Mil. Decibel Cannabis Co's Total Assets for the quarter that ended in Dec. 2024 was C$151.86 Mil. Therefore, Decibel Cannabis Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.57.


Decibel Cannabis Co Liabilities-to-Assets Historical Data

The historical data trend for Decibel Cannabis Co's Liabilities-to-Assets 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.

* Premium members only.

Decibel Cannabis Co Liabilities-to-Assets Chart

Decibel Cannabis Co Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.60 0.67 0.68 0.57

Decibel Cannabis Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Liabilities-to-Assets 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 0.68 0.69 0.67 0.67 0.57

Competitive Comparison of Decibel Cannabis Co's Liabilities-to-Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Decibel Cannabis Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Drug Manufacturers Industry

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

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


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Decibel Cannabis Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Decibel Cannabis Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=87.143/151.858
=0.57

Decibel Cannabis Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=87.143/151.858
=0.57

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Decibel Cannabis Co Liabilities-to-Assets Related Terms

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Decibel Cannabis Co Business Description

Traded in Other Exchanges
Address
140 - 4th Avenue SW, Suite 1440, Calgary, AB, CAN, T2P 3N3
Decibel Cannabis Co Inc is engaged in the cannabis operations business. It is involved in the production, distribution, and sale of recreational cannabis. All the revenues are generated in Canada. The company's revenue is comprised of wholesale sales of both products and services through its production facilities to distributors and licensed cannabis producers as well as the direct sale of products through its retail locations to end customers.
Executives
Benjamin Sze Senior Officer
Warren Matzelle Senior Officer
Shawn Lawrence Dym Director
Nadia Jordana Vattovaz Director
Cody Church Director
Michael Grant Kelly Director
Derek Sider Senior Officer
Kristopher Newell Senior Officer
Paul Wilson Director
Stuart Boucher Senior Officer
Adam Coates Senior Officer