Akoustis Technologies Inc (AKTS)
0.5751
-0.02
(-3.65%)
USD |
NASDAQ |
May 08, 12:13
Akoustis Technologies Debt to Equity Ratio: 0.7995 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.7995 |
| September 30, 2023 | 0.6267 |
| June 30, 2023 | 0.5104 |
| March 31, 2023 | 0.4383 |
| December 31, 2022 | 0.5461 |
| September 30, 2022 | 0.5059 |
| June 30, 2022 | 0.4228 |
| March 31, 2022 | 0.00 |
| December 31, 2021 | 0.00 |
| September 30, 2021 | 0.00 |
| June 30, 2021 | 0.00 |
| March 31, 2021 | 0.0137 |
| December 31, 2020 | 0.554 |
| September 30, 2020 | 0.6951 |
| Date | Value |
|---|---|
| June 30, 2020 | 0.5596 |
| March 31, 2020 | 0.5235 |
| December 31, 2019 | 0.461 |
| September 30, 2019 | 1.002 |
| June 30, 2019 | 0.7018 |
| March 31, 2019 | 0.6431 |
| December 31, 2018 | 0.4641 |
| September 30, 2018 | 1.298 |
| June 30, 2018 | 0.8278 |
| March 31, 2018 | 0.00 |
| December 31, 2017 | 0.00 |
| September 30, 2017 | 0.00 |
| June 30, 2017 | 0.00 |
| March 31, 2017 | 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
Jun 2021
1.002
Maximum
Sep 2019
0.44
Average
0.5104
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| Adtran Holdings Inc | 0.3284 |
| Cisco Systems Inc | 0.2509 |
| Aviat Networks Inc | 0.1893 |
| PowerFleet Inc | 0.1559 |
| Moving iMage Technologies Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 111.88M |
| Total Liabilities (Quarterly) | 58.11M |
| Shareholders Equity (Quarterly) | 53.77M |
| Current Ratio | 1.822 |
| Net Debt Paydown Yield | 0.28% |