Altair Engineering Inc (ALTR)
104.35
-0.02
(-0.02%)
USD |
NASDAQ |
Nov 21, 16:00
104.36
+0.01
(+0.01%)
After-Hours: 20:00
Altair Engineering Debt to Equity Ratio: 0.271 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.271 |
| June 30, 2024 | 0.2863 |
| March 31, 2024 | 0.4035 |
| December 31, 2023 | 0.4321 |
| September 30, 2023 | 0.4841 |
| June 30, 2023 | 0.4942 |
| March 31, 2023 | 0.5043 |
| December 31, 2022 | 0.5364 |
| September 30, 2022 | 0.5698 |
| June 30, 2022 | 0.5458 |
| March 31, 2022 | 0.3653 |
| December 31, 2021 | 0.3253 |
| September 30, 2021 | 0.3263 |
| June 30, 2021 | 0.4847 |
| March 31, 2021 | 0.4796 |
| December 31, 2020 | 0.5753 |
| Date | Value |
|---|---|
| September 30, 2020 | 0.6006 |
| June 30, 2020 | 0.5169 |
| March 31, 2020 | 0.5055 |
| December 31, 2019 | 0.5004 |
| September 30, 2019 | 0.5093 |
| June 30, 2019 | 0.4794 |
| March 31, 2019 | 0.0531 |
| December 31, 2018 | 0.1072 |
| September 30, 2018 | 0.0051 |
| June 30, 2018 | 0.0053 |
| March 31, 2018 | 0.0122 |
| December 31, 2017 | 0.0065 |
| September 30, 2017 | -1.530 |
| June 30, 2017 | -3.197 |
| March 31, 2017 | |
| December 31, 2016 | -2.459 |
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
0.271
Minimum
Sep 2024
0.6006
Maximum
Sep 2020
0.4604
Average
0.4894
Median
Debt to Equity Ratio Benchmarks
| ePlus Inc | 0.163 |
| Palo Alto Networks Inc | 0.1092 |
| Upland Software Inc | 2.423 |
| Red Violet Inc | 0.00 |
| i3 Verticals Inc | 0.0691 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.378B |
| Total Liabilities (Quarterly) | 540.97M |
| Shareholders Equity (Quarterly) | 836.90M |
| Current Ratio | 3.270 |
| Net Debt Paydown Yield | 0.20% |