Smart Card Marketing Systems Inc (SMKG)
0.00
USD |
OTCM |
May 02, 16:00
Smart Card Marketing Systems Debt to Equity Ratio: -0.0799 for June 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2023 | -0.0799 |
| March 31, 2023 | -0.0622 |
| September 30, 2022 | -0.2597 |
| June 30, 2022 | -0.2527 |
| March 31, 2022 | -0.2781 |
| Date | Value |
|---|---|
| December 31, 2021 | -0.2086 |
| September 30, 2021 | -0.3394 |
| June 30, 2021 | -0.3438 |
| March 31, 2021 | |
| December 31, 2020 | -0.295 |
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
-0.3438
Minimum
Jun 2021
-0.0622
Maximum
Mar 2023
-0.2355
Average
-0.2597
Median
Sep 2022
Debt to Equity Ratio Benchmarks
| Autodesk Inc | 1.231 |
| Agilysys Inc | 0.00 |
| American Software Inc | 0.00 |
| Issuer Direct Corp | 0.5622 |
| WaveDancer Inc | 0.2204 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.368M |
| Total Liabilities (Quarterly) | 4.069M |
| Shareholders Equity (Quarterly) | -1.701M |
| Current Ratio | 0.1374 |
| Net Debt Paydown Yield | 2.64% |