Loop Industries Inc (LOOP)
1.275
-0.04
(-2.67%)
USD |
NASDAQ |
Nov 04, 16:00
1.275
0.00 (0.00%)
After-Hours: 20:00
Loop Industries Debt to Equity Ratio: 1.012 for Aug. 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| August 31, 2024 | 1.012 |
| May 31, 2024 | 0.6257 |
| February 29, 2024 | 0.2348 |
| November 30, 2023 | 0.1754 |
| August 31, 2023 | 0.1457 |
| Date | Value |
|---|---|
| May 31, 2023 | 0.1219 |
| February 28, 2023 | 0.0979 |
| November 30, 2022 | 0.1159 |
| August 31, 2022 | 0.1157 |
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
0.0979
Minimum
Feb 2023
1.012
Maximum
Aug 2024
0.2939
Average
0.1457
Median
Aug 2023
Debt to Equity Ratio Benchmarks
| Enertopia Corp | -- |
| US Goldmining Inc | -- |
| United States Antimony Corp | 0.0153 |
| Gold Royalty Corp | 0.0872 |
| Austin Gold Corp | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 15.00M |
| Total Liabilities (Quarterly) | 10.17M |
| Shareholders Equity (Quarterly) | 4.834M |
| Current Ratio | 0.4846 |
| Net Debt Paydown Yield | -0.41% |