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

Avricore Health (AVCRF) reported 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 5 years of Debt Ratio data on file, last reported at 0.02 in Q4 2023.

  • Debt Ratio for Q4 2023 came in at 0.02, down 49.39% year-over-year; the trailing twelve-month figure through Dec 2023 was 0.02 (down 49.39% YoY), and the FY2023 annual result was 0.02, down 49.39% from the prior year.
  • Debt Ratio declined to 0.02 in Q4 2023 per AVCRF's latest filing, from 0.02 in the prior quarter.
  • Over five years, Debt Ratio peaked at 2.69 in Q3 2020 and troughed at 0.01 in Q1 2021.
  • A 4-year average of 0.52 and a median of 0.02 in 2022 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2021 and 2022: Debt Ratio sank 99.41% in 2021, then surged 77.61% in 2022.
  • A 4-year view of Debt Ratio shows it stood at 2.28 in 2020, then tumbled by 99.23% to 0.02 in 2021, then jumped by 77.61% to 0.03 in 2022, then slumped 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 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 0.20
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 0.38
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 0.22
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 0.25
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 0.02
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 0.01
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 0.53
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 0.23
9 Mettler Toledo International 23.53 Bn 23.47 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
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 0.02
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