Borealis Foods Inc (BRLS)
5.67
-0.01
(-0.18%)
USD |
NASDAQ |
Nov 21, 16:00
Borealis Foods Debt to Equity Ratio: 5.791 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 5.790 |
| June 30, 2024 | 2.805 |
| March 31, 2024 | 2.179 |
| December 31, 2023 | 0.274 |
| Date | Value |
|---|---|
| September 30, 2023 | |
| June 30, 2023 | |
| March 31, 2023 | -48.47 |
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
-48.47
Minimum
Mar 2023
5.790
Maximum
Sep 2024
-7.484
Average
2.179
Median
Mar 2024
Debt to Equity Ratio Benchmarks
| Altus Copper Corp | 1.793 |
| Above Food Ingredients Inc | -- |
| DAVIDsTEA Inc | -- |
| Acme United Corp | 0.3049 |
| Better Choice Co Inc | 0.1888 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 61.91M |
| Total Liabilities (Quarterly) | 56.84M |
| Shareholders Equity (Quarterly) | 5.070M |
| Current Ratio | 0.4432 |
| Net Debt Paydown Yield | -4.80% |