Adastra Holdings Debt-to-Equity Ratio Growth & History (XTXXF)
Adastra Holdings's debt-to-equity ratio was 2.50 for fiscal 2024.
View full Adastra Holdings company overviewAdastra Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 2.50 | 2.25 | +906.75% |
| 2023 | 2023-12-31 | 0.25 | 0.05 | +26.65% |
| 2022 | 2022-12-31 | 0.20 | 0.04 | +24.02% |
| 2021 | 2021-12-31 | 0.16 | −0.08 | −34.79% |
| 2020 | 2020-12-31 | 0.24 | — | — |
Adastra Holdings quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2025 | 2025-03-31 | 4.74 | — | — |
| Q4 2024 | 2024-12-31 | 2.50 | — | — |
| Q4 2022 | 2022-12-31 | 0.20 | 0.04 | +24.02% |
| Q4 2021 | 2021-12-31 | 0.16 | — | — |
Adastra Holdings debt-to-equity ratio trends
Between the periods ended 2020-12-31 and 2024-12-31, Adastra Holdings's debt-to-equity ratio increased from 0.24 to 2.50, a change of 2.26. The latest reported quarter, Q1 2025, shows 4.74.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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