Giga-Tronics Inc (GIGA)
0.15
-0.03
(-16.67%)
USD |
OTCM |
May 17, 15:27
Giga-Tronics Debt to Equity Ratio: -5.059 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | -5.059 |
| September 30, 2023 | 3.487 |
| June 30, 2023 | 2.113 |
| March 31, 2023 | 1.406 |
| December 31, 2022 | 1.141 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.4966 |
| June 30, 2022 | |
| March 31, 2022 | |
| December 31, 2021 | 0.0448 |
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
-5.059
Minimum
Dec 2023
3.487
Maximum
Sep 2023
0.5186
Average
1.141
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| Aehr Test Systems | 0.00 |
| Electro-Sensors Inc | 0.00 |
| Frequency Electronics Inc | 0.00 |
| Itron Inc | 0.3337 |
| MKS Instruments Inc | 1.956 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 31.93M |
| Total Liabilities (Quarterly) | 35.00M |
| Shareholders Equity (Quarterly) | -3.602M |
| Current Ratio | 0.9535 |
| Net Debt Paydown Yield | -166.1% |