PowerBand Solutions Inc (PWWBF)
0.0539
+0.01
(+34.75%)
USD |
OTCM |
May 17, 15:49
PowerBand Solutions Debt to Equity Ratio: -0.4009 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | -0.4009 |
| June 30, 2023 | |
| March 31, 2023 | 0.3276 |
| December 31, 2022 | 0.2145 |
| September 30, 2022 | 0.1161 |
| June 30, 2022 | 0.118 |
| March 31, 2022 | 3.105 |
| December 31, 2021 | 1.021 |
| September 30, 2021 | 0.4619 |
| June 30, 2021 | -2.478 |
| March 31, 2021 | 0.1625 |
| December 31, 2020 | -1.259 |
| Date | Value |
|---|---|
| September 30, 2020 | -14.12 |
| June 30, 2020 | 1.379 |
| March 31, 2020 | -1.294 |
| December 31, 2019 | -0.8868 |
| September 30, 2019 | 0.00 |
| June 30, 2019 | 0.00 |
| March 31, 2019 | 0.00 |
| December 31, 2018 | 0.1485 |
| September 30, 2018 | 0.0212 |
| June 30, 2018 | 0.0247 |
| March 31, 2018 | 0.0107 |
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
-14.12
Minimum
Sep 2020
3.105
Maximum
Mar 2022
-0.7963
Average
0.1161
Median
Sep 2022
Debt to Equity Ratio Benchmarks
| Destiny Media Technologies Inc | 0.00 |
| Shopify Inc | 0.103 |
| Ehave Inc | -- |
| Versus Systems Inc | 0.00 |
| LeddarTech Holdings Inc | 9.733 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 7.520M |
| Total Liabilities (Quarterly) | 13.68M |
| Shareholders Equity (Quarterly) | -5.180M |
| Current Ratio | 0.3464 |
| Net Debt Paydown Yield | -3.70% |