Nitches Inc (NICH)
0.0004
0.00 (0.00%)
USD |
OTCM |
May 22, 14:17
Nitches Debt to Equity Ratio: -0.0668 for Feb. 29, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| February 29, 2024 | -0.0668 |
| November 30, 2023 | -0.3057 |
| August 31, 2023 | -0.3944 |
| May 31, 2023 | 3.010 |
| Date | Value |
|---|---|
| February 28, 2023 | -0.625 |
| November 30, 2022 | |
| August 31, 2022 | 0.0654 |
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
-0.625
Minimum
Feb 2023
3.010
Maximum
May 2023
0.2807
Average
-0.1863
Median
Debt to Equity Ratio Benchmarks
| American Woodmark Corp | 0.4164 |
| Bassett Furniture Industries Inc | 0.00 |
| FG Group Holdings Inc (DELISTED) | 0.286 |
| Columbia Sportswear Co | 0.00 |
| Northann Corp | 4.216 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 0.2126M |
| Total Liabilities (Quarterly) | 1.936M |
| Shareholders Equity (Quarterly) | -1.723M |
| Current Ratio | 0.0745 |
| Net Debt Paydown Yield | -4.03% |