Ionic Brands Corp (IONC.CX)
0.005
0.00 (0.00%)
CAD |
CNSX |
May 03, 16:00
Ionic Brands Debt to Equity Ratio
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2021 | 0.1221 |
| June 30, 2021 | 0.0952 |
| March 31, 2021 | 1.214 |
| December 31, 2020 | -1.10 |
| September 30, 2020 | -1.332 |
| June 30, 2020 | -1.301 |
| Date | Value |
|---|---|
| March 31, 2020 | -1.316 |
| December 31, 2019 | -1.488 |
| September 30, 2019 | 0.7384 |
| June 30, 2019 | 0.9372 |
| March 31, 2019 | 1.639 |
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
-1.488
Minimum
Dec 2019
1.214
Maximum
Mar 2021
-0.3429
Average
-0.5024
Median
Debt to Equity Ratio Benchmarks
| 4Front Ventures Corp | -1.634 |
| Green Thumb Industries Inc | 0.1812 |
| Lowell Farms Inc | 0.0003 |
| StateHouse Holdings Inc | -- |
| Bright Minds Biosciences Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 43.62M |
| Total Liabilities (Quarterly) | 13.54M |
| Shareholders Equity (Quarterly) | 30.08M |