Avricore Health (AVCRF) Debt Ratio (2012 - 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 (2012 - 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 | 234.15 Bn | 230.09 Bn | 8.34 Bn | 0.40 |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 0.30 |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 0.03 |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 0.26 |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 0.54 |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 0.24 |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 0.22 |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 0.58 |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 0.32 |
| 10 | Avricore Health | 3.04 Mn | 3.01 Mn | -6.20 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.02 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.00 |
| 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 | -0.89 |
| Jun 30, 2013 | 0.35 |
| Jun 30, 2012 | -15.66 |