Borealis Foods Inc (BRLS)
6.15
-0.21
(-3.37%)
USD |
NASDAQ |
Nov 05, 10:19
Borealis Foods Debt to Equity Ratio: 2.805 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 2.805 |
| March 31, 2024 | 2.179 |
| Date | Value |
|---|---|
| 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
2.805
Maximum
Jun 2024
-14.49
Average
2.179
Median
Mar 2024
Debt to Equity Ratio Benchmarks
| LeanLife Health Inc | -- |
| Altus Copper Corp | 1.793 |
| Above Food Ingredients Inc | -1.714 |
| DAVIDsTEA Inc | -- |
| Acme United Corp | 0.3049 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 63.59M |
| Total Liabilities (Quarterly) | 53.69M |
| Shareholders Equity (Quarterly) | 9.902M |
| Current Ratio | 0.5285 |
| Net Debt Paydown Yield | -0.57% |