5G Networks Ltd (MLBEF)
0.1074
+0.02
(+20.67%)
USD |
OTCM |
May 28, 16:00
5G Networks Debt to Equity Ratio: 0.2128 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
December 31, 2023 | 0.2128 |
Date | Value |
---|---|
June 30, 2023 | 2.839 |
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
0.2128
Minimum
Dec 2023
2.839
Maximum
Jun 2023
1.526
Average
1.526
Median
Debt to Equity Ratio Benchmarks
Telstra Group Ltd | -- |
TPG Telecom Ltd | 0.3509 |
Locafy Ltd | 0.0702 |
Tuas Ltd | 0.0041 |
ARN Media Ltd | 0.3344 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 83.66M |
Total Liabilities (Quarterly) | 34.53M |
Shareholders Equity (Quarterly) | 49.13M |
Current Ratio | 2.249 |
Net Debt Paydown Yield | -7.09% |