Akanda Corp (AKAN)
2.28
+0.05
(+2.24%)
USD |
NASDAQ |
Jun 20, 16:00
2.29
+0.01
(+0.44%)
After-Hours: 20:00
Akanda Debt to Equity Ratio: -1.009 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | -1.009 |
| June 30, 2023 | 0.2282 |
| Date | Value |
|---|---|
| December 31, 2022 | 0.1327 |
| June 30, 2022 | 0.1106 |
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
-1.009
Minimum
Dec 2023
0.2282
Maximum
Jun 2023
-0.1344
Average
0.1217
Median
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 8.84M |
| Total Liabilities (Quarterly) | 12.67M |
| Shareholders Equity (Quarterly) | -3.829M |
| Current Ratio | 0.1775 |
| Net Debt Paydown Yield | -0.41% |