Flora Growth Corp (FLGC)
1.74
+0.46
(+35.94%)
USD |
NASDAQ |
Apr 30, 16:00
1.75
+0.01
(+0.57%)
After-Hours: 04:22
Flora Growth Debt to Equity Ratio: 0.3015 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.3015 |
| September 30, 2023 | 0.0778 |
| June 30, 2023 | 0.1097 |
| March 31, 2023 | 0.0201 |
| December 31, 2022 | 0.0191 |
| September 30, 2022 | 0.0015 |
| Date | Value |
|---|---|
| June 30, 2022 | 0.0024 |
| March 31, 2022 | |
| December 31, 2021 | 0.0002 |
| September 30, 2021 | |
| June 30, 2021 | 0.0041 |
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
0.0002
Minimum
Dec 2021
0.3015
Maximum
Dec 2023
0.0596
Average
0.0191
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| Tilray Brands Inc | 0.12 |
| Clever Leaves Holdings Inc | 0.0503 |
| SINTX Technologies Inc | 0.0052 |
| Palatin Technologies Inc | 0.00 |
| MAIA Biotechnology Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 23.63M |
| Total Liabilities (Quarterly) | 17.22M |
| Shareholders Equity (Quarterly) | 6.404M |
| Current Ratio | 1.312 |
| Net Debt Paydown Yield | -3.06% |