Avricore Health (AVCRF) Debt Ratio (2013 - 2023)

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

Avricore Health (AVCRF) Debt Ratio (2013 - 2023) Analysis & Trends

Avricore Health has disclosed Debt Ratio across 5 years of filings, most recently posting 0.02 for 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 retreated to 0.02 in Q4 2023, from 0.02 in the prior quarter.
  • Over the last five years, Debt Ratio for AVCRF reached as high as 2.69 in Q3 2020 and fell as low as 0.01 in Q1 2021.
  • The 4-year median for Debt Ratio is 0.02 (2022), against an average of 0.52.
  • Annual changes were most pronounced in 2021 — Debt Ratio tumbled 99.41% — and 2022, when it surged 77.61%.
  • A 4-year view of Debt Ratio shows it stood at 2.28 in 2020, then sank by 99.23% to 0.02 in 2021, then jumped by 77.61% to 0.03 in 2022, then plunged by 49.39% to 0.02 in 2023.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.02, 0.02, and 0.02 for Q4 2023, Q3 2023, and Q2 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 0.20
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 0.38
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 0.22
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 0.25
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 0.01
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 0.02
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 0.53
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 0.23
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 0.61
10 Avricore Health - - - -

Historic Data

Download Data
DateValue
Dec 31, 2023 0.02
Sep 30, 2023 0.02
Jun 30, 2023 0.02
Dec 31, 2022 0.03
Sep 30, 2022 0.02
Jun 30, 2022 0.02
Sep 30, 2021 0.02
Jun 30, 2014 0.04
Jun 30, 2013 0.09