Decibel Cannabis Co Inc (DBCCF)
0.0524
0.00 (0.00%)
USD |
OTCM |
Jun 14, 16:00
Decibel Cannabis Debt to Equity Ratio: 0.8851 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | 0.8851 |
| June 30, 2023 | 0.908 |
| March 31, 2023 | 0.9193 |
| December 31, 2022 | 0.9263 |
| September 30, 2022 | 0.8828 |
| June 30, 2022 | 0.9796 |
| March 31, 2022 | 0.9632 |
| December 31, 2021 | 0.8964 |
| September 30, 2021 | 0.9757 |
| June 30, 2021 | 1.265 |
| Date | Value |
|---|---|
| March 31, 2021 | 1.105 |
| December 31, 2020 | 1.160 |
| September 30, 2020 | 1.052 |
| June 30, 2020 | 1.044 |
| March 31, 2020 | 0.9471 |
| December 31, 2019 | 0.8674 |
| September 30, 2019 | 0.17 |
| June 30, 2019 | 0.135 |
| March 31, 2019 | 0.0441 |
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
0.135
Minimum
Jun 2019
1.265
Maximum
Jun 2021
0.8935
Average
0.9367
Median
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 106.63M |
| Total Liabilities (Quarterly) | 71.90M |
| Shareholders Equity (Quarterly) | 34.73M |
| Current Ratio | 1.262 |
| Net Debt Paydown Yield | 1.58% |