Arax Holdings Corp (ARAT)
1.35
+0.34
(+33.66%)
USD |
OTCM |
May 03, 16:00
Arax Holdings Debt to Equity Ratio: 0.00 for Oct. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
October 31, 2023 | 0.00 |
July 31, 2023 | 0.00 |
Date | Value |
---|---|
April 30, 2023 | 0.0279 |
January 31, 2023 | -0.2225 |
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
-0.2225
Minimum
Jan 2023
0.0279
Maximum
Apr 2023
-0.0486
Average
--
Median
Jul 2023
Debt to Equity Ratio Benchmarks
CSP Inc | 0.0164 |
WidePoint Corp | 0.00 |
Intellinetics Inc | 0.2841 |
Data Storage Corp | 0.00 |
Signing Day Sports Inc | -0.9414 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 7.148M |
Total Liabilities (Quarterly) | 0.2581M |
Shareholders Equity (Quarterly) | 6.890M |
Current Ratio | 6.492 |
Net Debt Paydown Yield | 0.04% |