SoFi Technologies Inc (SOFI)
6.99
+0.07
(+1.01%)
USD |
NASDAQ |
May 02, 16:00
6.97
-0.02
(-0.29%)
After-Hours: 05:19
SoFi Technologies Debt to Equity Ratio: 0.4711 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.4711 |
| December 31, 2023 | 0.9434 |
| September 30, 2023 | 1.163 |
| June 30, 2023 | 1.164 |
| March 31, 2023 | 1.106 |
| December 31, 2022 | 0.9954 |
| September 30, 2022 | 0.8387 |
| Date | Value |
|---|---|
| June 30, 2022 | 0.6861 |
| March 31, 2022 | 0.9016 |
| December 31, 2021 | 0.8603 |
| September 30, 2021 | 0.6291 |
| June 30, 2021 | 0.5372 |
| March 31, 2021 | |
| December 31, 2020 | 1.610 |
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
0.4711
Minimum
Mar 2024
1.610
Maximum
Dec 2020
0.9159
Average
0.9016
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| PayPal Holdings Inc | 0.4677 |
| Bank of America Corp | 1.142 |
| New York Community Bancorp Inc | 3.186 |
| Income Opportunity Realty Investors Inc | 0.00 |
| Security National Financial Corp | 0.3373 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 31.31B |
| Total Liabilities (Quarterly) | 25.16B |
| Shareholders Equity (Quarterly) | 6.146B |
| Current Ratio | 8.180 |
| Net Debt Paydown Yield | 6.76% |