Alliance Entertainment Holding Corp (AENT)
2.00
-0.03
(-1.48%)
USD |
NASDAQ |
May 03, 16:00
Alliance Entertainment Debt to Equity Ratio: 1.208 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 1.208 |
| September 30, 2023 | 1.596 |
| June 30, 2023 | 1.770 |
| March 31, 2023 | 1.522 |
| Date | Value |
|---|---|
| December 31, 2022 | 1.999 |
| September 30, 2022 | |
| June 30, 2022 | 1.279 |
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
1.208
Minimum
Dec 2023
1.999
Maximum
Dec 2022
1.563
Average
1.559
Median
Debt to Equity Ratio Benchmarks
| Everlert Inc | -- |
| Goliath Film & Media Holdings | 0.00 |
| TKO Group Holdings Inc | 0.6659 |
| Zedge Inc | 0.00 |
| Mega Matrix Corp | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 428.02M |
| Total Liabilities (Quarterly) | 339.51M |
| Shareholders Equity (Quarterly) | 88.50M |
| Current Ratio | 1.353 |
| Net Debt Paydown Yield | -45.24% |