Groove Botanicals annual debt-to-assets ratio
2012
2013
2014
2015
2023
Groove Botanicals Debt-to-Assets Ratio Growth & History (GRVE)
Groove Botanicals's debt-to-assets ratio was 17.83 for fiscal 2023.
View full Groove Botanicals company overviewGroove Botanicals annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-03-31 | 17.83 | — | — |
| 2015 | 2016-03-31 | 0.40 | 0.40 | — |
| 2014 | 2015-03-31 | 0.00 | −0.19 | — |
| 2013 | 2014-03-31 | 0.19 | −0.25 | −56.66% |
| 2012 | 2013-03-31 | 0.43 | — | — |
Groove Botanicals quarterly debt-to-assets ratio
Q4.12
Q3.13
Q4.13
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q4.23
Q2.24
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2024 | 2023-09-30 | 31.03 | — | — |
| Q4 2023 | 2023-03-31 | 17.83 | — | — |
| Q4 2015 | 2016-03-31 | 0.40 | 0.40 | — |
| Q3 2015 | 2015-12-31 | 0.00 | −0.18 | — |
| Q2 2015 | 2015-09-30 | 0.00 | −0.18 | — |
| Q1 2015 | 2015-06-30 | 0.00 | — | — |
| Q4 2014 | 2015-03-31 | 0.00 | −0.19 | — |
| Q3 2014 | 2014-12-31 | 0.18 | −0.01 | −6.74% |
| Q2 2014 · Sep 30 | 2014-09-30 | 0.18 | — | — |
| Q4 2013 | 2014-03-31 | 0.19 | −0.25 | −56.66% |
| Q3 2013 | 2013-12-31 | 0.19 | — | — |
| Q4 2012 | 2013-03-31 | 0.43 | — | — |
Groove Botanicals debt-to-assets ratio trends
Between the periods ended 2013-03-31 and 2023-03-31, Groove Botanicals's debt-to-assets ratio increased from 0.43 to 17.83, a change of 17.39. The latest reported quarter, Q2 2024, shows 31.03.
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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