Applied Industrial Technologies Inc (AIT)
184.33
-3.55
(-1.89%)
USD |
NYSE |
Apr 17, 16:00
184.33
0.00 (0.00%)
After-Hours: 20:00
Applied Industrial Technologies Debt to Equity Ratio: 0.3713 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.3713 |
| September 30, 2023 | 0.405 |
| June 30, 2023 | 0.4265 |
| March 31, 2023 | 0.4507 |
| December 31, 2022 | 0.501 |
| September 30, 2022 | 0.5316 |
| June 30, 2022 | 0.5997 |
| March 31, 2022 | 0.6567 |
| December 31, 2021 | 0.7061 |
| September 30, 2021 | 0.8384 |
| June 30, 2021 | 0.8883 |
| March 31, 2021 | 0.9114 |
| December 31, 2020 | 0.9784 |
| September 30, 2020 | 0.9843 |
| June 30, 2020 | 1.107 |
| March 31, 2020 | 1.136 |
| December 31, 2019 | 0.9854 |
| September 30, 2019 | 1.028 |
| June 30, 2019 | 1.068 |
| March 31, 2019 | 1.112 |
| December 31, 2018 | 1.087 |
| September 30, 2018 | 1.117 |
| June 30, 2018 | 1.182 |
| March 31, 2018 | 1.286 |
| December 31, 2017 | 0.4016 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.3758 |
| June 30, 2017 | 0.3913 |
| March 31, 2017 | 0.4553 |
| December 31, 2016 | 0.4802 |
| September 30, 2016 | 0.4483 |
| June 30, 2016 | 0.4983 |
| March 31, 2016 | 0.5651 |
| December 31, 2015 | 0.5187 |
| September 30, 2015 | 0.5004 |
| June 30, 2015 | 0.433 |
| March 31, 2015 | 0.5292 |
| December 31, 2014 | 0.4469 |
| September 30, 2014 | 0.4101 |
| June 30, 2014 | 0.2133 |
| March 31, 2014 | 0.0384 |
| December 31, 2013 | 0.0194 |
| September 30, 2013 | 0.00 |
| June 30, 2013 | 0.00 |
| March 31, 2013 | 0.00 |
| December 31, 2012 | 0.0457 |
| September 30, 2012 | 0.00 |
| June 30, 2012 | 0.00 |
| March 31, 2012 | 0.00 |
| December 31, 2011 | 0.00 |
| September 30, 2011 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.3713
Minimum
Dec 2023
1.136
Maximum
Mar 2020
0.767
Average
0.8384
Median
Sep 2021
Debt to Equity Ratio Benchmarks
| MSC Industrial Direct Co Inc | 0.397 |
| DXP Enterprises Inc | 1.382 |
| BlueLinx Holdings Inc | 0.4631 |
| Distribution Solutions Group Inc | 0.8592 |
| Beacon Roofing Supply Inc | 1.252 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.783B |
| Total Liabilities (Quarterly) | 1.175B |
| Shareholders Equity (Quarterly) | 1.608B |
| Current Ratio | 3.745 |
| Net Debt Paydown Yield | 0.16% |