Dalrada Financial Corp (DFCO)
0.188
-0.01
(-4.33%)
USD |
OTCM |
Apr 26, 16:00
Dalrada Financial Debt to Equity Ratio: -2.546 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | -2.546 |
| September 30, 2023 | 9.869 |
| June 30, 2023 | 0.8155 |
| March 31, 2023 | -1.334 |
| December 31, 2022 | -1.336 |
| September 30, 2022 | -1.362 |
| June 30, 2022 | -1.390 |
| March 31, 2022 | -1.380 |
| December 31, 2021 | -1.350 |
| September 30, 2021 | -1.233 |
| Date | Value |
|---|---|
| June 30, 2021 | -0.9574 |
| March 31, 2021 | -0.5495 |
| December 31, 2020 | -0.4108 |
| September 30, 2020 | -0.3439 |
| June 30, 2020 | -0.3306 |
| March 31, 2020 | -0.3029 |
| December 31, 2019 | -0.2465 |
| September 30, 2019 | -0.1744 |
| June 30, 2019 | -0.1599 |
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
-2.546
Minimum
Dec 2023
9.869
Maximum
Sep 2023
-0.2486
Average
-0.5495
Median
Mar 2021
Debt to Equity Ratio Benchmarks
| Automatic Data Processing Inc | 0.6922 |
| Cass Information Systems Inc | 0.00 |
| Cintas Corp | 0.5845 |
| Paychex Inc | 0.2181 |
| Resources Connection Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 26.43M |
| Total Liabilities (Quarterly) | 29.36M |
| Shareholders Equity (Quarterly) | -3.020M |
| Current Ratio | 0.8108 |
| Net Debt Paydown Yield | 17.41% |