Altair Engineering Inc (ALTR)
81.44
-0.31
(-0.38%)
USD |
NASDAQ |
May 03, 16:00
81.44
0.00 (0.00%)
After-Hours: 20:00
Altair Engineering Debt to Equity Ratio: 0.4035 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.4035 |
| December 31, 2023 | 0.4321 |
| September 30, 2023 | 0.4841 |
| June 30, 2023 | 0.4942 |
| March 31, 2023 | 0.5043 |
| December 31, 2022 | 0.5364 |
| September 30, 2022 | 0.5698 |
| June 30, 2022 | 0.5458 |
| March 31, 2022 | 0.3653 |
| December 31, 2021 | 0.3253 |
| September 30, 2021 | 0.3263 |
| June 30, 2021 | 0.4847 |
| March 31, 2021 | 0.4796 |
| December 31, 2020 | 0.5753 |
| September 30, 2020 | 0.6006 |
| Date | Value |
|---|---|
| June 30, 2020 | 0.5169 |
| March 31, 2020 | 0.5055 |
| December 31, 2019 | 0.5004 |
| September 30, 2019 | 0.5093 |
| June 30, 2019 | 0.4794 |
| March 31, 2019 | 0.0531 |
| December 31, 2018 | 0.1072 |
| September 30, 2018 | 0.0051 |
| June 30, 2018 | 0.0053 |
| March 31, 2018 | 0.0122 |
| December 31, 2017 | 0.0065 |
| September 30, 2017 | -1.530 |
| June 30, 2017 | -3.197 |
| March 31, 2017 | |
| December 31, 2016 | -2.459 |
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
0.3253
Minimum
Dec 2021
0.6006
Maximum
Sep 2020
0.4819
Average
0.4973
Median
Debt to Equity Ratio Benchmarks
| ePlus Inc | 0.1605 |
| DecisionPoint Systems Inc | 0.304 |
| Upland Software Inc | 1.954 |
| Red Violet Inc | 0.00 |
| Strong Global Entertainment Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.380B |
| Total Liabilities (Quarterly) | 616.98M |
| Shareholders Equity (Quarterly) | 762.93M |
| Current Ratio | 2.461 |
| Net Debt Paydown Yield | -0.01% |