EROAD Ltd (ERDLF)
0.4746
0.00 (0.00%)
USD |
OTCM |
May 16, 16:00
EROAD Debt to Equity Ratio: 0.2838 for March 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2023 | 0.2838 |
| September 30, 2022 | 0.21 |
| March 31, 2022 | 0.1296 |
| September 30, 2021 | 0.2059 |
| March 31, 2021 | 0.3346 |
| September 30, 2020 | 0.4728 |
| September 30, 2019 | 0.9807 |
| March 31, 2019 | 0.6753 |
| September 30, 2018 | 0.6087 |
| Date | Value |
|---|---|
| March 31, 2018 | 0.3943 |
| September 30, 2017 | 0.427 |
| March 31, 2017 | 0.1543 |
| September 30, 2016 | 0.1192 |
| March 31, 2016 | 0.0198 |
| September 30, 2015 | 0.00 |
| March 31, 2015 | 0.00 |
| September 30, 2014 | 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
0.1296
Minimum
Mar 2022
0.9807
Maximum
Sep 2019
0.3739
Average
0.2838
Median
Mar 2023
Debt to Equity Ratio Benchmarks
| Xero Ltd | 1.016 |
| Pushpay Holdings Ltd | -- |
| Serko Ltd | 0.0216 |
| Vista Group International Ltd | 0.137 |
| WidePoint Corp | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 252.51M |
| Total Liabilities (Quarterly) | 96.54M |
| Shareholders Equity (Quarterly) | 155.97M |
| Current Ratio | 1.257 |
| Net Debt Paydown Yield | -10.91% |