Hitek Global Inc (HKIT)
1.31
-0.03
(-2.24%)
USD |
NASDAQ |
May 10, 16:00
1.31
0.00 (0.00%)
After-Hours: 20:00
Hitek Global Debt to Equity Ratio: 0.092 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
December 31, 2023 | 0.092 |
June 30, 2023 | 0.0983 |
December 31, 2022 | 0.198 |
June 30, 2022 | 0.2276 |
December 31, 2021 | 0.00 |
Date | Value |
---|---|
June 30, 2021 | |
December 31, 2019 | 0.00 |
June 30, 2019 | 0.00 |
December 31, 2018 | 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
Jun 2019
0.2276
Maximum
Jun 2022
0.088
Average
0.092
Median
Dec 2023
Debt to Equity Ratio Benchmarks
MicroCloud Hologram Inc | -- |
Infobird Co Ltd | -- |
Nano Labs Ltd | -9.752 |
VNET Group Inc | 1.970 |
GDS Holdings Ltd | 1.903 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 35.43M |
Total Liabilities (Quarterly) | 7.090M |
Shareholders Equity (Quarterly) | 28.34M |
Current Ratio | 7.349 |
Net Debt Paydown Yield | 0.84% |