Fortrea Holdings Inc (FTRE)
19.13
-0.21
(-1.09%)
USD |
NASDAQ |
Nov 18, 13:18
Fortrea Holdings Debt to Equity Ratio: 0.743 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.743 |
| June 30, 2024 | 0.7691 |
| March 31, 2024 | 1.014 |
| December 31, 2023 | 0.9156 |
| Date | Value |
|---|---|
| September 30, 2023 | 0.9435 |
| June 30, 2023 | 0.9166 |
| March 31, 2023 | 0.892 |
| December 31, 2022 | 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
--
Minimum
Dec 2022
1.014
Maximum
Mar 2024
0.7742
Average
0.9038
Median
Debt to Equity Ratio Benchmarks
| Boston Scientific Corp | 0.5254 |
| Illumina Inc | 0.9355 |
| Lumos Pharma Inc | 0.00 |
| IQVIA Holdings Inc | 1.939 |
| Medpace Holdings Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 3.664B |
| Total Liabilities (Quarterly) | 2.150B |
| Shareholders Equity (Quarterly) | 1.514B |
| Current Ratio | 1.177 |
| Net Debt Paydown Yield | 5.36% |