Digital Locations Inc (DLOC)
0.0025
0.00 (0.00%)
USD |
OTCM |
May 03, 16:00
Digital Locations Debt to Equity Ratio: -0.0971 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | -0.0971 |
| September 30, 2023 | -0.0903 |
| June 30, 2023 | -0.1049 |
| March 31, 2023 | -0.0845 |
| December 31, 2022 | -0.0683 |
| September 30, 2022 | -0.0593 |
| Date | Value |
|---|---|
| June 30, 2022 | -0.0541 |
| March 31, 2022 | -0.0404 |
| December 31, 2021 | -0.0341 |
| September 30, 2021 | -0.1057 |
| June 30, 2021 | -0.0785 |
| March 31, 2021 | -0.1275 |
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
-0.1275
Minimum
Mar 2021
-0.0341
Maximum
Dec 2021
-0.0787
Average
-0.0815
Median
Debt to Equity Ratio Benchmarks
| Innovate Corp | -4.289 |
| JNS Holdings Corp | -- |
| Correlate Energy Corp | -1.137 |
| ParkVida Group Inc | -- |
| TopBuild Corp | 0.5539 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 0.0486M |
| Total Liabilities (Quarterly) | 9.181M |
| Shareholders Equity (Quarterly) | -9.132M |
| Current Ratio | 0.0166 |
| Net Debt Paydown Yield | -13.81% |