Can B annual debt-to-assets ratio
2019
2020
2021
2022
2023
Can B Debt-to-Assets Ratio Growth & History (NASC)
Can B's debt-to-assets ratio was 0.03 for fiscal 2023.
View full Can B company overviewCan B annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 0.03 | −0.04 | −64.15% |
| 2022 | 2022-12-31 | 0.07 | −0.06 | −47.54% |
| 2021 | 2021-12-31 | 0.13 | 0.12 | +1100.80% |
| 2020 | 2020-12-31 | 0.01 | −0.00 | −17.52% |
| 2019 | 2019-12-31 | 0.01 | — | — |
Can B quarterly debt-to-assets ratio
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2024 | 2024-06-30 | 0.01 | −0.05 | −79.65% |
| Q1 2024 | 2024-03-31 | 0.03 | −0.03 | −52.47% |
| Q4 2023 | 2023-12-31 | 0.03 | −0.04 | −64.15% |
| Q3 2023 | 2023-09-30 | 0.05 | −0.03 | −39.20% |
| Q2 2023 | 2023-06-30 | 0.07 | −0.04 | −36.95% |
| Q1 2023 | 2023-03-31 | 0.06 | −0.06 | −48.58% |
| Q4 2022 | 2022-12-31 | 0.07 | −0.06 | −47.54% |
| Q3 2022 | 2022-09-30 | 0.07 | −0.06 | −44.49% |
| Q2 2022 | 2022-06-30 | 0.10 | 0.10 | +1598.86% |
| Q1 2022 | 2022-03-31 | 0.12 | 0.11 | +1540.57% |
| Q4 2021 | 2021-12-31 | 0.13 | 0.12 | +1100.80% |
| Q3 2021 | 2021-09-30 | 0.14 | 0.12 | +1126.05% |
| Q2 2021 | 2021-06-30 | 0.01 | −0.00 | −44.01% |
| Q1 2021 | 2021-03-31 | 0.01 | −0.01 | −42.80% |
| Q4 2020 | 2020-12-31 | 0.01 | −0.00 | −17.52% |
| Q3 2020 | 2020-09-30 | 0.01 | −0.00 | −1.30% |
| Q2 2020 | 2020-06-30 | 0.01 | −0.00 | −27.95% |
| Q1 2020 | 2020-03-31 | 0.01 | −0.01 | −38.09% |
| Q4 2019 | 2019-12-31 | 0.01 | — | — |
| Q3 2019 | 2019-09-30 | 0.01 | — | — |
| Q2 2019 | 2019-06-30 | 0.02 | — | — |
| Q1 2019 | 2019-03-31 | 0.02 | — | — |
Can B debt-to-assets ratio trends
Between the periods ended 2019-12-31 and 2023-12-31, Can B's debt-to-assets ratio increased from 0.01 to 0.03, a change of 0.01. The latest reported quarter, Q2 2024, shows 0.01.
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.
Review Can B source filings ↗