CLPS Inc (CLPS)
1.00
+0.04
(+4.17%)
USD |
NASDAQ |
May 02, 16:00
0.98
-0.02
(-2.00%)
After-Hours: 20:00
CLPS Debt to Equity Ratio: 0.2448 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.2448 |
| June 30, 2023 | 0.1634 |
| December 31, 2022 | 0.2404 |
| June 30, 2022 | 0.2175 |
| December 31, 2021 | 0.2017 |
| June 30, 2021 | 0.1331 |
| Date | Value |
|---|---|
| December 31, 2020 | 0.1401 |
| June 30, 2020 | 0.0799 |
| December 31, 2019 | 0.0331 |
| June 30, 2019 | 0.1051 |
| December 31, 2018 | 0.0959 |
| December 31, 2017 | 0.1181 |
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
0.0331
Minimum
Dec 2019
0.2448
Maximum
Dec 2023
0.1559
Average
0.1517
Median
Debt to Equity Ratio Benchmarks
| TROOPS Inc | 0.00 |
| AGM Group Holdings Inc | -- |
| MMTEC Inc | 0.2658 |
| Alpha Technology Group Ltd | 0.0761 |
| mF International Ltd | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 105.90M |
| Total Liabilities (Quarterly) | 40.31M |
| Shareholders Equity (Quarterly) | 64.14M |
| Current Ratio | 2.259 |
| Net Debt Paydown Yield | -1.53% |