Heritage Cannabis Holding Corp (HERTF)
0.0023
0.00 (0.00%)
USD |
OTCM |
May 07, 16:00
Heritage Cannabis Debt to Equity Ratio: 0.3506 for Oct. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| October 31, 2023 | 0.3506 |
| July 31, 2023 | 0.4834 |
| April 30, 2023 | 0.4705 |
| January 31, 2023 | 0.4466 |
| October 31, 2022 | 0.4211 |
| July 31, 2022 | 0.0015 |
| April 30, 2022 | 0.1769 |
| January 31, 2022 | 0.1758 |
| October 31, 2021 | 0.1988 |
| Date | Value |
|---|---|
| July 31, 2021 | 0.0636 |
| April 30, 2021 | 0.0577 |
| January 31, 2021 | 0.0503 |
| October 31, 2020 | 0.0679 |
| July 31, 2020 | 0.0651 |
| April 30, 2020 | 0.064 |
| January 31, 2020 | 0.0619 |
| October 31, 2019 | 0.0004 |
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
0.0004
Minimum
Oct 2019
0.4834
Maximum
Jul 2023
0.1857
Average
0.0679
Median
Oct 2020
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 40.39M |
| Total Liabilities (Quarterly) | 25.31M |
| Shareholders Equity (Quarterly) | 15.08M |
| Current Ratio | 1.283 |
| Net Debt Paydown Yield | -9.19% |