Zentek Ltd (ZTEK)
1.03
0.00 (0.00%)
USD |
NASDAQ |
May 03, 16:00
1.03
0.00 (0.00%)
After-Hours: 20:00
Zentek Debt to Equity Ratio: 0.0337 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.0337 |
| September 30, 2023 | 0.0304 |
| June 30, 2023 | 0.0312 |
| March 31, 2023 | 0.0328 |
| December 31, 2022 | 0.0479 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.052 |
| June 30, 2022 | 0.0556 |
| March 31, 2022 | 0.0469 |
| December 31, 2021 | 0.00 |
| September 30, 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
--
Minimum
Sep 2021
0.0556
Maximum
Jun 2022
0.033
Average
0.0333
Median
Debt to Equity Ratio Benchmarks
| CeCors Inc | -- |
| Venus Concept Inc | -5.346 |
| Dentsply Sirona Inc | 0.6415 |
| Biolase Inc | 7.182 |
| Milestone Scientific Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 18.72M |
| Total Liabilities (Quarterly) | 1.775M |
| Shareholders Equity (Quarterly) | 16.94M |
| Current Ratio | 6.051 |
| Net Debt Paydown Yield | 0.09% |