Innovation Beverage Group Ltd (IBG)
2.529
-0.39
(-13.39%)
USD |
NASDAQ |
Sep 27, 16:00
2.40
-0.13
(-5.10%)
After-Hours: 20:00
Innovation Beverage Group Debt to Equity Ratio: 2.629 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.629 |
| June 30, 2023 | 6.676 |
| December 31, 2022 | 5.279 |
| Date | Value |
|---|---|
| June 30, 2022 | 0.2705 |
| December 31, 2021 | 0.1916 |
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
0.1916
Minimum
Dec 2021
6.676
Maximum
Jun 2023
3.009
Average
2.629
Median
Dec 2023
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.932M |
| Total Liabilities (Quarterly) | 4.323M |
| Shareholders Equity (Quarterly) | 0.6085M |
| Current Ratio | 0.4837 |