Item 9 Labs (Item 9 Labs) Debt-to-Equity : 0.65 (As of Jun. 2023)

Item 9 Labs Debt-to-Equity Chart

Item 9 Labs Annual Data
	Trend	Sep13	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22
Debt-to-Equity		Get a 7-Day Free Trial					0.01	0.64	0.98	0.24	0.45

Item 9 Labs Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.39	0.45	0.54	0.59	0.65

Competitive Comparison of Item 9 Labs's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Item 9 Labs's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Item 9 Labs's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Item 9 Labs's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Item 9 Labs's Debt-to-Equity falls into.

Item 9 Labs Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Item 9 Labs's Debt to Equity Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Item 9 Labs's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

* 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.

Item 9 Labs  (OTCPK:INLB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Item 9 Labs Debt-to-Equity Related Terms

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Item 9 Labs (Item 9 Labs) Business Description