Organigram Global (OGI) Debt Ratio (2018 - 2024)
Organigram Global (OGI) posted quarterly Debt Ratio of 0.0 for Q3 2024, down 88.2% year-over-year from 0.0 in Q4 2023, and down 88.2% quarter-over-quarter 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.
- In Q3 2024, Debt Ratio fell 88.2% year-over-year to 0.0; the TTM figure through Sep 2024 stood at 0.0 (down 88.2% YoY), while the FY2024 annual figure was 0.0, down 88.2% from the prior year.
- Debt Ratio declined to 0.0 in Q3 2024 per OGI's latest filing, from 0.0 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.26 in Q3 2020 and bottomed at 0.0 in Q3 2024.
- Historically, Debt Ratio has averaged 0.12 across 5 years, with a median of 0.15 in 2021.
- Annual changes were most pronounced in 2021 — Debt Ratio plunged 99.75% — and 2022, when it soared 1264.01%.
- Organigram Global's Debt Ratio stood at 0.24 in 2020, then plunged by 99.73% to 0.0 in 2021, then jumped by 1264.01% to 0.01 in 2022, then slumped by 94.24% to 0.0 in 2023, then slumped by 88.2% to 0.0 in 2024.
- Business Quant data shows OGI's Debt Ratio at 0.0 in Q3 2024, 0.0 in Q3 2023, and 0.01 in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.98 Bn | 43.02 Bn | - | -0.13 |
| 2 | Teva Pharmaceutical Industries | 43.28 Bn | 39.62 Bn | 2.15 Bn | 0.42 |
| 3 | Zoetis | 31.79 Bn | 30.11 Bn | 1.05 Bn | 0.60 |
| 4 | Takeda Pharmaceutical | 28.69 Bn | 22.89 Bn | 5.10 Bn | 0.32 |
| 5 | United Therapeutics | 22.25 Bn | 19.58 Bn | 683.80 Mn | - |
| 6 | Viatris | 18.75 Bn | 17.86 Bn | 1.46 Bn | 0.38 |
| 7 | Neurocrine Biosciences | 15.58 Bn | 15.19 Bn | 935.80 Mn | - |
| 8 | Elanco Animal Health | 11.87 Bn | 11.34 Bn | 798.00 Mn | 0.29 |
| 9 | Dr Reddys Laboratories | 10.14 Bn | 9.98 Bn | - | 0.12 |
| 10 | Organigram Global | 150.66 Mn | 150.54 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 |