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Tikun Olam Cannbit Pharmaceuticals (XTAE:TKUN) Debt-to-Asset : 0.26 (As of Dec. 2023)


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What is Tikun Olam Cannbit Pharmaceuticals Debt-to-Asset?

Tikun Olam Cannbit Pharmaceuticals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪13.61 Mil. Tikun Olam Cannbit Pharmaceuticals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪6.46 Mil. Tikun Olam Cannbit Pharmaceuticals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was ₪76.57 Mil. Tikun Olam Cannbit Pharmaceuticals's debt to asset for the quarter that ended in Dec. 2023 was 0.26.


Tikun Olam Cannbit Pharmaceuticals Debt-to-Asset Historical Data

The historical data trend for Tikun Olam Cannbit Pharmaceuticals's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tikun Olam Cannbit Pharmaceuticals Debt-to-Asset Chart

Tikun Olam Cannbit Pharmaceuticals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.11 0.08 0.10 0.12

Tikun Olam Cannbit Pharmaceuticals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.14 0.12 0.26 0.26

Competitive Comparison of Tikun Olam Cannbit Pharmaceuticals's Debt-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Tikun Olam Cannbit Pharmaceuticals's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tikun Olam Cannbit Pharmaceuticals's Debt-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tikun Olam Cannbit Pharmaceuticals's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tikun Olam Cannbit Pharmaceuticals's Debt-to-Asset falls into.



Tikun Olam Cannbit Pharmaceuticals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tikun Olam Cannbit Pharmaceuticals's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(11.752 + 7.505) / 156.825
=0.12

Tikun Olam Cannbit Pharmaceuticals's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(13.605 + 6.457) / 76.573
=0.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tikun Olam Cannbit Pharmaceuticals  (XTAE:TKUN) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Tikun Olam Cannbit Pharmaceuticals Debt-to-Asset Related Terms

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Tikun Olam Cannbit Pharmaceuticals (XTAE:TKUN) Business Description

Traded in Other Exchanges
N/A
Address
The Fourteenth, Tel Aviv, ISR
Tikun Olam Cannbit Pharmaceuticals Ltd is engaged in the business of growing and marketing medical cannabis.

Tikun Olam Cannbit Pharmaceuticals (XTAE:TKUN) Headlines

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