DigitalOcean Holdings Inc (DOCN)
39.46
+0.59
(+1.52%)
USD |
NYSE |
Nov 22, 12:10
DigitalOcean Holdings Debt to Equity Ratio: -7.007 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | -7.007 |
| June 30, 2024 | -5.838 |
| March 31, 2024 | -5.172 |
| December 31, 2023 | -4.711 |
| September 30, 2023 | -4.114 |
| June 30, 2023 | -5.509 |
| March 31, 2023 | -6.764 |
| December 31, 2022 | 30.91 |
| Date | Value |
|---|---|
| September 30, 2022 | 48.59 |
| June 30, 2022 | 30.38 |
| March 31, 2022 | 3.423 |
| December 31, 2021 | 2.530 |
| September 30, 2021 | 0.00 |
| June 30, 2021 | 0.00 |
| March 31, 2021 | 0.00 |
| December 31, 2020 | -3.602 |
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
-7.007
Minimum
Sep 2024
48.59
Maximum
Sep 2022
4.570
Average
-1.801
Median
Debt to Equity Ratio Benchmarks
| Couchbase Inc | 0.00 |
| MongoDB Inc | 0.84 |
| Alkami Technology Inc | 0.00 |
| Castellum Inc | 0.8495 |
| BM Technologies Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.526B |
| Total Liabilities (Quarterly) | 1.738B |
| Shareholders Equity (Quarterly) | -211.70M |
| Current Ratio | 3.136 |
| Net Debt Paydown Yield | -0.05% |