IT Tech Packaging Inc (ITP)
0.22
+0.01
(+4.76%)
USD |
NYAM |
Dec 24, 16:00
IT Tech Packaging Debt to Equity Ratio: 0.0596 for Sept. 30, 2024
Debt to Equity Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
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
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Debt to Equity Ratio Benchmarks
| Friedman Industries Inc | 0.2785 |
| Origin Agritech Ltd | 0.00 |
| Solitario Resources Corp | -- |
| Paramount Gold Nevada Corp | -- |
| ReTo Eco-Solutions Inc | 0.6644 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 190.02M |
| Total Liabilities (Quarterly) | 25.69M |
| Shareholders Equity (Quarterly) | 164.32M |
| Current Ratio | 1.589 |
| Net Debt Paydown Yield | 54.64% |