Arax Holdings Corp (ARAT)
1.35
+0.34
(+33.66%)
USD |
OTCM |
May 03, 16:00
Arax Holdings Debt to Equity Ratio: 0.00 for Oct. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| October 31, 2023 | 0.00 |
| July 31, 2023 | 0.00 |
| Date | Value |
|---|---|
| April 30, 2023 | 0.0279 |
| January 31, 2023 | -0.2225 |
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
-0.2225
Minimum
Jan 2023
0.0279
Maximum
Apr 2023
-0.0486
Average
--
Median
Jul 2023
Debt to Equity Ratio Benchmarks
| CSP Inc | 0.0164 |
| WidePoint Corp | 0.00 |
| Intellinetics Inc | 0.2841 |
| Data Storage Corp | 0.00 |
| Signing Day Sports Inc | -0.9414 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 7.148M |
| Total Liabilities (Quarterly) | 0.2581M |
| Shareholders Equity (Quarterly) | 6.890M |
| Current Ratio | 6.492 |
| Net Debt Paydown Yield | 0.04% |