Forafric Global PLC (AFRI)
11.10
+0.32
(+2.97%)
USD |
NASDAQ |
May 24, 16:00
11.04
-0.06
(-0.54%)
After-Hours: 20:00
Forafric Global Debt to Equity Ratio: 8.720 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 8.720 |
| June 30, 2023 | 7.619 |
| December 31, 2022 | 5.294 |
| Date | Value |
|---|---|
| June 30, 2022 | 3.770 |
| December 31, 2021 | 4.768 |
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
3.770
Minimum
Jun 2022
8.720
Maximum
Dec 2023
6.034
Average
5.294
Median
Dec 2022
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 309.45M |
| Total Liabilities (Quarterly) | 280.24M |
| Shareholders Equity (Quarterly) | 22.80M |
| Current Ratio | 0.4787 |
| Net Debt Paydown Yield | -1.23% |