Flora Growth Corp (FLGC)
1.43
+0.12
(+9.16%)
USD |
NASDAQ |
Nov 22, 16:00
1.40
-0.03
(-2.10%)
After-Hours: 20:00
Flora Growth Debt to Equity Ratio: 0.5259 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.5259 |
| June 30, 2024 | 0.3304 |
| March 31, 2024 | 0.9809 |
| December 31, 2023 | 0.3015 |
| September 30, 2023 | 0.0778 |
| June 30, 2023 | 0.1097 |
| March 31, 2023 | 0.0201 |
| Date | Value |
|---|---|
| December 31, 2022 | 0.0191 |
| September 30, 2022 | 0.0015 |
| 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
0.9809
Maximum
Mar 2024
0.1978
Average
0.0489
Median
Debt to Equity Ratio Benchmarks
| MariMed Inc | 1.085 |
| cbdMD Inc | 0.4551 |
| Bright Green Corp | -- |
| NovaBay Pharmaceuticals Inc | 0.0476 |
| Palatin Technologies Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 29.28M |
| Total Liabilities (Quarterly) | 24.10M |
| Shareholders Equity (Quarterly) | 4.25M |
| Current Ratio | 1.019 |
| Net Debt Paydown Yield | -1.01% |