Converge Technology Solutions Corp (CTS.TO)
3.55
-0.05
(-1.39%)
CAD |
TSX |
Nov 15, 16:00
Converge Technology Solutions Debt to Equity Ratio: 0.8644 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.8644 |
| March 31, 2024 | 0.5137 |
| December 31, 2023 | 0.6477 |
| September 30, 2023 | 0.7054 |
| June 30, 2023 | 0.7339 |
| March 31, 2023 | 0.7626 |
| December 31, 2022 | 0.703 |
| September 30, 2022 | 0.6117 |
| June 30, 2022 | 0.3075 |
| March 31, 2022 | 0.2689 |
| December 31, 2021 | 0.002 |
| Date | Value |
|---|---|
| September 30, 2021 | 0.0023 |
| June 30, 2021 | 0.1446 |
| March 31, 2021 | 0.7563 |
| December 31, 2020 | 1.368 |
| September 30, 2020 | 2.394 |
| June 30, 2020 | -46.08 |
| March 31, 2020 | -49.14 |
| December 31, 2019 | -16.75 |
| September 30, 2019 | -12.24 |
| June 30, 2019 | -28.53 |
| March 31, 2019 | -60.08 |
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
-49.14
Minimum
Mar 2020
2.394
Maximum
Sep 2020
-5.326
Average
0.6117
Median
Sep 2022
Debt to Equity Ratio Benchmarks
| Windfall Geotek Inc | 0.00 |
| New World Solutions Inc | 0.4313 |
| Nerds On Site Inc | -0.1187 |
| XTM Inc | -0.781 |
| Ciscom Corp | 0.876 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.065B |
| Total Liabilities (Quarterly) | 1.681B |
| Shareholders Equity (Quarterly) | 383.69M |
| Current Ratio | 1.005 |
| Net Debt Paydown Yield | 3.06% |