Lumine Group Inc (LMN.V)
38.50
-0.25
(-0.65%)
CAD |
TSXV |
May 17, 16:00
Lumine Group Debt to Equity Ratio: 0.3776 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.3776 |
| December 31, 2023 | -0.0397 |
| September 30, 2023 | -0.0604 |
| Date | Value |
|---|---|
| June 30, 2023 | -0.0887 |
| March 31, 2023 | -0.1147 |
| December 31, 2022 | 0.1243 |
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
-0.1147
Minimum
Mar 2023
0.3776
Maximum
Mar 2024
0.0331
Average
-0.05
Median
Debt to Equity Ratio Benchmarks
| Constellation Software Inc | 1.698 |
| Topicus com Inc | 1.399 |
| Nerds On Site Inc | -0.1205 |
| XTM Inc | -1.791 |
| Ciscom Corp | 1.019 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.649B |
| Total Liabilities (Quarterly) | 785.81M |
| Shareholders Equity (Quarterly) | 863.05M |
| Current Ratio | 2.186 |
| Net Debt Paydown Yield | -0.65% |