Indiva Debt/Equity
What is the Debt/Equity of Indiva?
The Debt/Equity of Indiva Ltd. is -111.28
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Health Care sector on TSXV compared to Indiva
What does Indiva do?
Indiva Limited operates as a licensed producer of cannabis products in Canada. It creates premium pre-rolls, flower, capsules, and edible products, as well as provides production and manufacturing services to peer entities. The company produces and distributes the Bhang Chocolate, Wana Sour Gummies, Ruby Cannabis Sugar, Sapphire Cannabis Salt, Artisan Batch, and other powered by INDIVA products through license agreements and partnerships. Indiva Limited is based in Ottawa, Canada.
Companies with debt/equity similar to Indiva
- Biolase Inc has Debt/Equity of -134.19
- Azarga Metals has Debt/Equity of -126.25
- Talend SA has Debt/Equity of -124.37
- Nymox Pharmaceutical Corp has Debt/Equity of -121.25
- Largo Physical Vanadium Corp has Debt/Equity of -119.29
- Great World Ltd has Debt/Equity of -117.86
- Indiva has Debt/Equity of -111.28
- Membership Collective has Debt/Equity of -110.68
- Green Plains Partners LP has Debt/Equity of -109.70
- Taiga Motors has Debt/Equity of -108.42
- Avis Budget has Debt/Equity of -103.68
- Aeris Environmental Ltd has Debt/Equity of -99.29
- Avis Budget Inc has Debt/Equity of -94.30