Avricore Health (AVCRF) Debt Ratio (2014 - 2023)

Avricore Health (AVCRF) posted quarterly Debt Ratio of 0.02 for Q4 2023, down 49.39% year-over-year from 0.03 in Q4 2022, and down 3.35% quarter-over-quarter from 0.02 in Q3 2023.

Avricore Health (AVCRF) Debt Ratio (2014 - 2023) Analysis & Trends

Avricore Health (AVCRF) has reported Debt Ratio for 5 consecutive years, with 0.02 the latest figure, recorded in Q4 2023.

  • In Q4 2023, Debt Ratio fell 49.39% year-over-year to 0.02; the TTM figure through Dec 2023 stood at 0.02 (down 49.39% YoY), while the FY2023 annual figure was 0.02, down 49.39% from the prior year.
  • Debt Ratio slipped to 0.02 in Q4 2023 per AVCRF's latest filing, from 0.02 in the prior quarter.
  • Across five years, Debt Ratio topped out at 2.69 in Q3 2020 and bottomed at 0.44 in Q4 2021.
  • Historically, Debt Ratio has averaged 0.49 across 4 years, with a median of 0.02 in 2022.
  • Annual changes were most pronounced in 2021 — Debt Ratio plunged 119.26% — and 2022, when it surged 107.1%.
  • Avricore Health's Debt Ratio stood at 2.28 in 2020, then slumped by 119.26% to 0.44 in 2021, then soared by 107.1% to 0.03 in 2022, then tumbled by 49.39% to 0.02 in 2023.
  • Business Quant data shows AVCRF's Debt Ratio at 0.02 in Q4 2023, 0.02 in Q3 2023, and 0.02 in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 0.40
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 0.29
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 0.24
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 0.26
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 0.54
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 0.01
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 0.22
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 0.58
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 0.33
10 Avricore Health 3.04 Mn 3.01 Mn -6,202.70 -

Historic Data

Download Data
DateValue
Dec 31, 2023 0.02
Sep 30, 2023 0.02
Jun 30, 2023 0.02
Mar 31, 2023 0.02
Dec 31, 2022 0.03
Sep 30, 2022 0.02
Jun 30, 2022 0.02
Mar 31, 2022 0.02
Dec 31, 2021 -0.44
Sep 30, 2021 0.02
Jun 30, 2021 0.02
Mar 31, 2021 0.01
Dec 31, 2020 2.28
Sep 30, 2020 2.69
Jun 30, 2020 1.71
Mar 31, 2020 1.36
Jun 30, 2014 0.04