FRMO Corp (FRMO)
7.24
+0.14
(+1.97%)
USD |
OTCM |
May 03, 16:00
FRMO Debt to Equity Ratio: 0.0034 for Aug. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| August 31, 2023 | 0.0034 |
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
0.0034
Minimum
Aug 2023
0.0034
Maximum
Aug 2023
0.0034
Average
0.0034
Median
Aug 2023
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 391.73M |
| Total Liabilities (Quarterly) | 27.10M |
| Shareholders Equity (Quarterly) | 201.64M |
| Current Ratio | 138.75 |