Panacea Life Sciences Holdings Debt-to-Assets Ratio Growth & History (PLSH)

Panacea Life Sciences Holdings's debt-to-assets ratio was 0.22 for fiscal 2023.

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Panacea Life Sciences Holdings annual debt-to-assets ratio history

Panacea Life Sciences Holdings annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20232023-12-310.220.03+16.55%
20222022-12-310.190.03+15.22%
20212021-12-310.160.15+753.26%
20202020-12-310.02−0.05−73.20%
20192019-12-310.07−41.34−99.83%
20182018-12-3141.4141.41
20172017-12-310.000.00
20162016-12-310.00

Panacea Life Sciences Holdings debt-to-assets ratio trends

Over the last five fiscal years, Panacea Life Sciences Holdings's debt-to-assets ratio decreased from 41.41 to 0.22, a change of −41.19. The latest reported quarter, Q3 2025, shows 0.06.

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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