Arcutis Biotherapeutics Inc (ARQT)
8.31
-0.47
(-5.35%)
USD |
NASDAQ |
Apr 30, 16:00
8.31
0.00 (0.00%)
After-Hours: 20:00
Arcutis Biotherapeutics Debt to Equity Ratio: 2.276 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.276 |
| September 30, 2023 | 4.298 |
| June 30, 2023 | 2.481 |
| Date | Value |
|---|---|
| March 31, 2023 | 1.422 |
| December 31, 2022 | 0.9436 |
| September 30, 2022 | 0.7266 |
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
0.7266
Minimum
Sep 2022
4.298
Maximum
Sep 2023
2.025
Average
1.849
Median
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 341.36M |
| Total Liabilities (Quarterly) | 252.70M |
| Shareholders Equity (Quarterly) | 88.67M |
| Current Ratio | 7.080 |
| Net Debt Paydown Yield | -0.32% |