Debt to Equity Ratio Analysis of Aurora Cannabis Inc - Deep Dive
Latest FY Debt to Equity
Period Ending - Jun-23
Very Good Debt to Equity
0.304
Period Ending - Jun-22
Very Good Debt to Equity
0.352
Growth
-13.64 %
Most recent Quarter Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.116
Debt to Equity Analysis of Aurora Cannabis Inc
Debt to Equity Ratio 0.304 of Aurora Cannabis Inc indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of ACB has fallen by -13.64 % Compared to previous Financial Year. |
Debt to Equity Ratio with value of 0.352 was highest in Year Jun-22 in last Five Years. |
Debt to Equity Ratio with value of 0.147 was lowest in Year Jun-19 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.304 is Greater than Average Debt to Equity of 0.235 in last five years. |
Other Debt to Equity Related Info of ACB that may interest you.
Aurora Cannabis Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ACB | 7.38 | 7.61 | 3.02 % | Drug Manufacturers-Specialty & Generic |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Very Low Stability Stock |
FY - Historical Debt to Equity Ratio of Aurora Cannabis Inc
Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 | Jun-18 | Jun-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.304 | 0.352 | 0.164 | 0.208 | 0.147 | 0.130 | 0.291 |
Change | -13.64 % | 114.39 % | -21.20 % | 41.74 % | 12.60 % | -55.12 % | -83.48 % |
FY Chart of Debt to Equity Ratio of Aurora Cannabis Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)