CBAK Energy Technology Inc (CBAT)
1.125
+0.01
(+0.90%)
USD |
NASDAQ |
May 09, 11:54
CBAK Energy Technology Debt to Equity Ratio: 0.2918 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.2918 |
| September 30, 2023 | 0.2926 |
| June 30, 2023 | 0.25 |
| March 31, 2023 | 0.1647 |
| December 31, 2022 | 0.1327 |
| September 30, 2022 | 0.1743 |
| June 30, 2022 | 0.1375 |
| March 31, 2022 | 0.1149 |
| December 31, 2021 | 0.1012 |
| September 30, 2021 | 0.0056 |
| June 30, 2021 | 0.0082 |
| March 31, 2021 | 0.1511 |
| December 31, 2020 | 0.2861 |
| September 30, 2020 | 1.971 |
| June 30, 2020 | 2.199 |
| March 31, 2020 | 2.939 |
| December 31, 2019 | 2.668 |
| September 30, 2019 | 2.584 |
| June 30, 2019 | 5.501 |
| March 31, 2019 | 13.42 |
| December 31, 2018 | 121.85 |
| September 30, 2018 | 9.925 |
| June 30, 2018 | -11.10 |
| March 31, 2018 | -249.00 |
| December 31, 2017 | 15.54 |
| Date | Value |
|---|---|
| September 30, 2017 | 2.393 |
| June 30, 2017 | 1.936 |
| March 31, 2017 | 3.311 |
| December 31, 2016 | 2.384 |
| September 30, 2016 | 1.650 |
| June 30, 2016 | 1.382 |
| March 31, 2016 | 0.7574 |
| December 31, 2015 | 0.6435 |
| September 30, 2015 | 0.5893 |
| June 30, 2015 | 1.858 |
| March 31, 2015 | 0.4371 |
| December 31, 2014 | 0.458 |
| September 30, 2014 | -2.408 |
| June 30, 2014 | 0.00 |
| March 31, 2014 | -3.402 |
| December 31, 2013 | -3.972 |
| September 30, 2013 | -4.152 |
| June 30, 2013 | 11.51 |
| March 31, 2013 | 7.625 |
| December 31, 2012 | 3.933 |
| September 30, 2012 | 2.561 |
| June 30, 2012 | 1.878 |
| March 31, 2012 | 1.483 |
| December 31, 2011 | 1.192 |
| September 30, 2011 | 1.335 |
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
0.0056
Minimum
Sep 2021
5.501
Maximum
Jun 2019
1.051
Average
0.25
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| China TMK Battery Systems Inc | -- |
| EnerSys | 0.5281 |
| Flux Power Holdings Inc | 1.839 |
| NeoVolta Inc | 0.00 |
| Amprius Technologies Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 281.16M |
| Total Liabilities (Quarterly) | 167.70M |
| Shareholders Equity (Quarterly) | 112.82M |
| Current Ratio | 0.8002 |
| Net Debt Paydown Yield | -2.51% |