Change Financial Ltd (CNGFF)
0.0377
0.00 (0.00%)
USD |
OTCM |
May 16, 16:00
Change Financial Debt to Equity Ratio: 0.0319 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.0319 |
| June 30, 2023 | 0.00 |
| December 31, 2022 | 0.1525 |
| June 30, 2022 | 0.3165 |
| December 31, 2021 | 0.0858 |
| June 30, 2021 | 0.00 |
| December 31, 2020 | 0.0283 |
| June 30, 2020 | 0.00 |
| Date | Value |
|---|---|
| December 31, 2019 | -1.875 |
| June 30, 2019 | 3.474 |
| December 31, 2018 | 0.3804 |
| June 30, 2018 | 0.00 |
| December 31, 2017 | 0.00 |
| June 30, 2017 | 0.00 |
| December 31, 2016 | 0.00 |
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
-1.875
Minimum
Dec 2019
3.474
Maximum
Jun 2019
0.2215
Average
0.0301
Median
Debt to Equity Ratio Benchmarks
| Atlassian Corp | 0.8594 |
| Data3 Ltd | 0.3094 |
| Appen Ltd | -- |
| Nextdc Ltd | -- |
| Vast Renewables Ltd | 2.435 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 13.12M |
| Total Liabilities (Quarterly) | 6.207M |
| Shareholders Equity (Quarterly) | 6.909M |
| Current Ratio | 1.105 |
| Net Debt Paydown Yield | 1.18% |