Novagant Corp (NVGT)
0.0045
0.00 (0.00%)
USD |
OTCM |
May 22, 16:00
Novagant Debt to Equity Ratio: -0.4803 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | -0.4803 |
| September 30, 2023 | -0.5095 |
| June 30, 2023 | -0.3667 |
| March 31, 2023 | 0.00 |
| December 31, 2022 | -0.3247 |
| September 30, 2022 | -0.3467 |
| Date | Value |
|---|---|
| June 30, 2022 | -0.3501 |
| March 31, 2022 | 0.00 |
| December 31, 2021 | 0.00 |
| September 30, 2021 | -0.8656 |
| June 30, 2021 | |
| March 31, 2021 | 0.00 |
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
-0.8656
Minimum
Sep 2021
--
Maximum
Mar 2021
-0.2949
Average
-0.3467
Median
Sep 2022
Debt to Equity Ratio Benchmarks
| Jayud Global Logistics Ltd | -2.030 |
| Proficient Auto Logistics Inc | -- |
| Radiant Logistics Inc | 0.0031 |
| Volato Group Inc | 1.242 |
| flyExclusive Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 0.0326M |
| Total Liabilities (Quarterly) | 0.3582M |
| Shareholders Equity (Quarterly) | -0.3256M |
| Current Ratio | 0.0765 |
| Net Debt Paydown Yield | -0.46% |