Lumiera Health (TSXV:NHP.H) Debt-to-Equity : -0.78 (As of Aug. 2023)

Lumiera Health Debt-to-Equity Chart

Lumiera Health Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Nov18	Nov19	Nov20	Nov21	Nov22
Debt-to-Equity		Get a 7-Day Free Trial					0.30	-0.64	-9.43	1.88	-0.94

Lumiera Health Quarterly Data
	Sep18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Debt-to-Equity	Get a 7-Day Free Trial															-2.68	-0.94	-0.98	-0.98	-0.78

Competitive Comparison of Lumiera Health's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Lumiera Health'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.

Lumiera Health's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Lumiera Health's Debt-to-Equity falls into.

Lumiera Health Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lumiera Health's Debt to Equity Ratio for the fiscal year that ended in Nov. 2022 is calculated as

Lumiera Health's Debt to Equity Ratio for the quarter that ended in Aug. 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.

Lumiera Health  (TSXV:NHP.H) 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.

Lumiera Health Debt-to-Equity Related Terms

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Lumiera Health (TSXV:NHP.H) Business Description