Adastra Holdings Debt-to-Equity Ratio Growth & History (XTXXF)

Adastra Holdings's debt-to-equity ratio was 2.50 for fiscal 2024.

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Adastra Holdings annual debt-to-equity ratio history

Adastra Holdings annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20242024-12-312.502.25+906.75%
20232023-12-310.250.05+26.65%
20222022-12-310.200.04+24.02%
20212021-12-310.16−0.08−34.79%
20202020-12-310.24

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.

About the metric

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.

Calculation and source

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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