Preaxia Health Care Payment Systems Debt-to-Assets Ratio Growth & History (PAXH)
Preaxia Health Care Payment Systems's debt-to-assets ratio was 0.31 for fiscal 2026.
View full Preaxia Health Care Payment Systems company overviewPreaxia Health Care Payment Systems annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | 0.31 | — | — |
| 2024 | 2024-05-31 | 23,294.43 | −153,165.57 | −86.80% |
| 2023 | 2023-05-31 | 176,460.00 | 172,372.12 | +4216.67% |
| 2022 | 2022-05-31 | 4,087.88 | −22,381.12 | −84.56% |
| 2021 | 2021-05-31 | 26,469.00 | 3,452.48 | +15.00% |
| 2020 | 2020-05-31 | 23,016.52 | 22,957.50 | +38897.83% |
| 2019 | 2019-05-31 | 59.02 | −80.14 | −57.59% |
| 2018 | 2018-05-31 | 139.16 | — | — |
Preaxia Health Care Payment Systems quarterly debt-to-assets ratio
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | 0.31 | — | — |
| Q3 2026 | 2026-02-28 | 0.18 | −572,302.15 | −100.00% |
| Q2 2026 | 2025-11-30 | 0.56 | — | — |
| Q1 2026 | 2025-08-31 | 0.08 | — | — |
| Q3 2025 | 2025-02-28 | 572,302.33 | — | — |
| Q4 2024 | 2024-05-31 | 23,294.43 | −153,165.57 | −86.80% |
| Q4 2023 | 2023-05-31 | 176,460.00 | 172,372.12 | +4216.67% |
| Q3 2023 | 2023-02-28 | 33,086.25 | 28,251.73 | +584.38% |
| Q2 2023 | 2022-11-30 | 6,050.06 | −3,575.03 | −37.14% |
| Q1 2023 | 2022-08-31 | 5,293.80 | — | — |
| Q4 2022 | 2022-05-31 | 4,087.88 | −22,381.12 | −84.56% |
| Q3 2022 | 2022-02-28 | 4,834.52 | −4,138.02 | −46.12% |
| Q2 2022 | 2021-11-30 | 9,625.09 | 9,604.09 | +45733.77% |
| Q4 2021 | 2021-05-31 | 26,469.00 | 3,452.48 | +15.00% |
| Q3 2021 | 2021-02-28 | 8,972.54 | — | — |
| Q2 2021 | 2020-11-30 | 21.00 | — | — |
| Q1 2021 | 2020-08-31 | 1,321.80 | 1,157.14 | +702.75% |
| Q4 2020 | 2020-05-31 | 23,016.52 | 22,957.50 | +38897.83% |
| Q1 2020 | 2019-08-31 | 164.66 | — | — |
| Q4 2019 | 2019-05-31 | 59.02 | −80.14 | −57.59% |
| Q3 2019 | 2019-02-28 | 5,543.25 | — | — |
| Q4 2018 | 2018-05-31 | 139.16 | — | — |
| Q2 2012 | 2011-11-30 | 14.72 | — | — |
Preaxia Health Care Payment Systems debt-to-assets ratio trends
Over the last five fiscal years, Preaxia Health Care Payment Systems's debt-to-assets ratio decreased from 26,469.00 to 0.31, a change of −26,468.69. The latest reported quarter, Q4 2026, shows 0.31.
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.
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 Preaxia Health Care Payment Systems source filings ↗