Globrands Group Ltd (GLBGF)
143.97
0.00 (0.00%)
USD |
OTCM |
May 31, 16:00
Globrands Group Debt to Equity Ratio: 1.755 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 1.755 |
| December 31, 2023 | 4.794 |
| September 30, 2023 | 2.516 |
| March 31, 2023 | 2.850 |
| December 31, 2022 | 3.779 |
| Date | Value |
|---|---|
| September 30, 2022 | 2.536 |
| June 30, 2022 | 3.871 |
| March 31, 2022 | |
| December 31, 2021 | 2.966 |
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
1.755
Minimum
Mar 2024
4.794
Maximum
Dec 2023
3.133
Average
2.908
Median
Debt to Equity Ratio Benchmarks
| G. Willi-Food International Ltd | 0.00 |
| Citrine Global Corp | -- |
| Shufersal Ltd | 0.6983 |
| Strauss Group Ltd | 0.7112 |
| Manuka Inc | -0.4148 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 107.71M |
| Total Liabilities (Quarterly) | 90.02M |
| Shareholders Equity (Quarterly) | 20.65M |
| Current Ratio | 1.123 |
| Net Debt Paydown Yield | 1.30% |