AvidXchange Holdings Inc (AVDX)
10.87
+0.16
(+1.49%)
USD |
NASDAQ |
Nov 21, 16:00
10.88
0.00 (0.00%)
After-Hours: 20:00
AvidXchange Holdings Debt to Equity Ratio: 0.0205 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.0205 |
| June 30, 2024 | 0.1101 |
| March 31, 2024 | 0.1133 |
| December 31, 2023 | 0.1161 |
| September 30, 2023 | 0.1254 |
| June 30, 2023 | 0.1267 |
| March 31, 2023 | 0.126 |
| December 31, 2022 | 0.1252 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.1904 |
| June 30, 2022 | 0.1854 |
| March 31, 2022 | 0.179 |
| December 31, 2021 | 0.1724 |
| September 30, 2021 | -0.1802 |
| June 30, 2021 | 0.3581 |
| March 31, 2021 | |
| December 31, 2020 | -0.1946 |
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
-0.1946
Minimum
Dec 2020
0.3581
Maximum
Jun 2021
0.1049
Average
0.1254
Median
Sep 2023
Debt to Equity Ratio Benchmarks
| Asure Software Inc | 0.0377 |
| Digimarc Corp | 0.00 |
| PDF Solutions Inc | 0.00 |
| Creative Realities Inc | 0.388 |
| Aspen Technology Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.005B |
| Total Liabilities (Quarterly) | 1.328B |
| Shareholders Equity (Quarterly) | 676.80M |
| Current Ratio | 1.318 |
| Net Debt Paydown Yield | 0.81% |