Freight Technologies Inc (FRGT)
0.66
-0.02
(-2.68%)
USD |
NASDAQ |
May 24, 16:00
0.76
+0.10
(+15.15%)
After-Hours: 20:00
Freight Technologies Debt to Equity Ratio: 1.166 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 1.166 |
| June 30, 2023 | 0.9697 |
| December 31, 2022 | 1.069 |
| June 30, 2022 | 1.803 |
| Date | Value |
|---|---|
| December 31, 2021 | -1.119 |
| June 30, 2021 | -2.403 |
| December 31, 2020 | -4.538 |
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
-4.538
Minimum
Dec 2020
1.803
Maximum
Jun 2022
-0.436
Average
0.9697
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| Microsoft Corp | 0.2585 |
| Autodesk Inc | 1.231 |
| Agilysys Inc | 0.00 |
| Issuer Direct Corp | 0.5377 |
| WaveDancer Inc | 0.2927 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 10.68M |
| Total Liabilities (Quarterly) | 8.052M |
| Shareholders Equity (Quarterly) | 2.627M |
| Current Ratio | 1.251 |
| Net Debt Paydown Yield | 6.47% |