Axim Biotechnologies Debt-to-Assets Ratio Growth & History (AXIM)

Axim Biotechnologies's debt-to-assets ratio was 2.08 for fiscal 2024.

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Axim Biotechnologies annual debt-to-assets ratio history

Axim Biotechnologies annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20242024-12-312.080.99+91.42%
20232023-12-311.091.08+23066.03%
20222022-12-310.00−0.25−98.17%
20212021-12-310.260.21+485.34%
20202020-12-310.040.04
20192019-12-310.00−0.49
20182018-12-310.490.03+7.71%
20172017-12-310.45−0.21−32.15%
20162016-12-310.670.34+105.06%
20152015-12-310.33
20132013-12-310.880.50+133.75%
20122012-12-310.38

Axim Biotechnologies debt-to-assets ratio trends

Over the last five fiscal years, Axim Biotechnologies's debt-to-assets ratio increased from 0.00 to 2.08, a change of 2.08. The latest reported quarter, Q1 2025, shows 2.21.

About the metric

What the debt-to-assets ratio means

The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.

Calculation and source

How debt-to-assets is calculated

TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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