Fortrea Holdings Inc (FTRE)
23.15
-0.78
(-3.26%)
USD |
NASDAQ |
Jun 21, 16:00
23.16
+0.01
(+0.04%)
After-Hours: 20:00
Fortrea Holdings Debt to Equity Ratio: 1.014 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 1.014 |
| December 31, 2023 | 0.9156 |
| September 30, 2023 | 0.9435 |
| Date | Value |
|---|---|
| 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
0.7803
Average
0.9161
Median
Debt to Equity Ratio Benchmarks
| Incyte Corp | 0.00 |
| Walgreens Boots Alliance Inc | 0.7024 |
| Legend Biotech Corp | 0.246 |
| CareCloud Inc | 0.2222 |
| Maravai LifeSciences Holdings Inc | 1.274 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.240B |
| Total Liabilities (Quarterly) | 2.648B |
| Shareholders Equity (Quarterly) | 1.592B |
| Current Ratio | 1.466 |
| Net Debt Paydown Yield | -9.00% |