Borealis Foods Inc (BRLS)
7.95
+0.60
(+8.16%)
USD |
NASDAQ |
May 24, 16:00
7.56
-0.39
(-4.91%)
After-Hours: 20:00
Borealis Foods Debt to Equity Ratio: 2.179 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
March 31, 2024 | 2.179 |
Date | Value |
---|---|
March 31, 2023 | -48.47 |
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
-48.47
Minimum
Mar 2023
2.179
Maximum
Mar 2024
-23.14
Average
-23.14
Median
Debt to Equity Ratio Benchmarks
Plantable Health Inc | 1.793 |
DAVIDsTEA Inc | -- |
Acme United Corp | 0.3421 |
Better Choice Co Inc | 4.640 |
Laird Superfood Inc | 0.00 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 70.33M |
Total Liabilities (Quarterly) | 54.13M |
Shareholders Equity (Quarterly) | 16.20M |
Current Ratio | 0.7699 |