Organigram Global (OGI) Debt Ratio (2018 - 2024)
Organigram Global (OGI) posted quarterly Debt Ratio of 0.0 for Q3 2024, down 88.2% year-on-year from 0.0 in Q4 2023, and down 88.2% on a QoQ basis from 0.0 in Q3 2023.
Organigram Global (OGI) Debt Ratio (2018 - 2024) Analysis & Trends
Organigram Global (OGI) has reported Debt Ratio for 7 consecutive years, with 0.0 the latest figure, recorded in Q3 2024.
- Quarterly Debt Ratio fell 88.2% year-over-year to 0.0 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 0.0 (down 88.2% YoY) and the FY2024 annual result came in at 0.0, down 88.2% from the prior year.
- Debt Ratio slipped to 0.0 in Q3 2024 per OGI's latest filing, from 0.0 in the prior quarter.
- Over the last five years, Debt Ratio for OGI reached as high as 0.26 in Q3 2020 and fell as low as 0.0 in Q3 2024.
- A 5-year average of 0.12 and a median of 0.15 in 2021 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2021 — Debt Ratio plunged 99.75% — and 2022, when it surged 1264.01%.
- Year by year, Debt Ratio stood at 0.24 in 2020, then sank by 99.73% to 0.0 in 2021, then jumped by 1264.01% to 0.01 in 2022, then tumbled by 94.24% to 0.0 in 2023, then tumbled by 88.2% to 0.0 in 2024.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.0, 0.0, and 0.01 for Q3 2024, Q3 2023, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | 0.26 |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 0.42 |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 0.60 |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | 0.29 |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | - |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | 0.10 |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 0.39 |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | - |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 0.29 |
| 10 | Organigram Global | 89.89 Mn | 122.96 Mn | 28.97 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.00 |
| Sep 30, 2023 | 0.00 |
| Aug 31, 2022 | 0.01 |
| Aug 31, 2021 | 0.00 |
| Feb 28, 2021 | 0.15 |
| Nov 30, 2020 | 0.24 |
| Aug 31, 2020 | 0.26 |
| May 31, 2020 | 0.20 |
| Feb 29, 2020 | 0.17 |
| Aug 31, 2019 | 0.12 |
| Aug 31, 2018 | 0.01 |