Kits Eyecare Ltd (KITS.TO)
8.12
-0.08
(-0.98%)
CAD |
TSX |
Jun 28, 10:33
Kits Eyecare Debt to Equity Ratio: 0.1714 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.1714 |
| December 31, 2023 | 0.1889 |
| September 30, 2023 | 0.2085 |
| June 30, 2023 | 0.2268 |
| March 31, 2023 | 0.234 |
| December 31, 2022 | 0.2447 |
| September 30, 2022 | 0.2519 |
| June 30, 2022 | 0.2768 |
| March 31, 2022 | 0.2933 |
| Date | Value |
|---|---|
| December 31, 2021 | 0.2936 |
| September 30, 2021 | |
| June 30, 2021 | 0.3022 |
| March 31, 2021 | 0.2908 |
| December 31, 2020 | -37.21 |
| September 30, 2020 | 2.939 |
| June 30, 2020 | |
| March 31, 2020 | |
| December 31, 2019 | 3.739 |
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
-37.21
Minimum
Dec 2020
3.739
Maximum
Dec 2019
-1.837
Average
0.2519
Median
Sep 2022
Debt to Equity Ratio Benchmarks
| Rocky Mountain Liquor Inc | 0.3439 |
| PlantX Life Inc | -0.7915 |
| Emerge Commerce Ltd | -0.8389 |
| Nextech3d AI Corp | 0.00 |
| Ambari Brands Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 92.73M |
| Total Liabilities (Quarterly) | 40.32M |
| Shareholders Equity (Quarterly) | 52.42M |
| Current Ratio | 1.243 |
| Net Debt Paydown Yield | 0.42% |