Red Light Holland Corp (TRUFF)
0.0418
0.00 (0.00%)
USD |
OTCM |
May 06, 12:25
Red Light Holland Debt to Equity Ratio: 0.0524 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.0524 |
| September 30, 2023 | 0.0512 |
| June 30, 2023 | 0.0474 |
| March 31, 2023 | 0.0446 |
| December 31, 2022 | 0.0509 |
| September 30, 2022 | 0.0473 |
| June 30, 2022 | 0.0456 |
| March 31, 2022 | 0.0453 |
| December 31, 2021 | 0.0405 |
| September 30, 2021 | 0.037 |
| Date | Value |
|---|---|
| June 30, 2021 | 0.0194 |
| March 31, 2021 | 0.021 |
| December 31, 2020 | 0.0065 |
| September 30, 2020 | 0.00 |
| June 30, 2020 | 0.0144 |
| March 31, 2020 | -0.0758 |
| December 31, 2019 | -0.4194 |
| September 30, 2019 | |
| June 30, 2019 | |
| March 31, 2019 | -0.3906 |
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
-0.4194
Minimum
Dec 2019
0.0524
Maximum
Dec 2023
0.0017
Average
0.0405
Median
Dec 2021
Debt to Equity Ratio Benchmarks
| Rimrock Gold Corp | -- |
| InMed Pharmaceuticals Inc | 0.00 |
| Venus Concept Inc | -5.346 |
| Juva Life Inc | 0.9671 |
| Lucy Scientific Discovery Inc | 14.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 20.61M |
| Total Liabilities (Quarterly) | 2.820M |
| Shareholders Equity (Quarterly) | 17.63M |
| Current Ratio | 6.656 |
| Net Debt Paydown Yield | 0.03% |