Locafy Ltd (LCFY)
6.81
-0.30
(-4.22%)
USD |
NASDAQ |
Nov 14, 12:32
Locafy Debt to Equity Ratio: 0.0702 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.0702 |
| December 31, 2023 | 0.0704 |
| September 30, 2023 | 0.065 |
| Date | Value |
|---|---|
| June 30, 2023 | 0.0604 |
| March 31, 2023 | 0.8067 |
| December 31, 2022 | 0.2365 |
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
0.0604
Minimum
Jun 2023
0.8067
Maximum
Mar 2023
0.2182
Average
0.0703
Median
Debt to Equity Ratio Benchmarks
| Telstra Group Ltd | 0.9288 |
| TPG Telecom Ltd | 0.5582 |
| Nine Entertainment Co. Holdings Ltd | 0.4616 |
| Tuas Ltd | 0.00 |
| ARN Media Ltd | 1.050 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.695M |
| Total Liabilities (Quarterly) | 2.174M |
| Shareholders Equity (Quarterly) | 2.521M |
| Current Ratio | 0.6787 |
| Net Debt Paydown Yield | 0.09% |