Adagene Inc (ADAG)
2.71
+0.16
(+6.27%)
USD |
NASDAQ |
Mar 28, 16:00
2.71
0.00 (0.00%)
After-Hours: 19:01
Adagene Debt to Equity Ratio: 0.3012 for June 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
June 30, 2023 | 0.3012 |
December 31, 2022 | 0.3342 |
June 30, 2022 | 0.1471 |
Date | Value |
---|---|
December 31, 2021 | 0.0478 |
June 30, 2021 | 0.0412 |
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
0.0412
Minimum
Jun 2021
0.3342
Maximum
Dec 2022
0.1743
Average
0.1471
Median
Jun 2022
Debt to Equity Ratio Benchmarks
China SXT Pharmaceuticals Inc | -- |
Sinovac Biotech Ltd | 0.025 |
Zai Lab Ltd | 0.00 |
I-MAB | 0.0122 |
Gracell Biotechnologies Inc (DELISTED) | -- |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 135.30M |
Total Liabilities (Quarterly) | 52.51M |
Shareholders Equity (Quarterly) | 82.79M |
Current Ratio | 3.403 |
Net Debt Paydown Yield | -8.97% |