Loop Industries Inc (LOOP)
2.76
-0.08
(-2.82%)
USD |
NASDAQ |
May 01, 16:00
2.76
0.00 (0.00%)
After-Hours: 20:00
Loop Industries Debt to Equity Ratio: 0.1754 for Nov. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| November 30, 2023 | 0.1754 |
| August 31, 2023 | 0.1457 |
| May 31, 2023 | 0.1219 |
| Date | Value |
|---|---|
| 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
0.1754
Maximum
Nov 2023
0.1288
Average
0.1189
Median
Debt to Equity Ratio Benchmarks
| Enertopia Corp | -- |
| Austin Gold Corp | -- |
| Yield10 Bioscience Inc | -0.3963 |
| United States Antimony Corp | 0.0011 |
| Gold Royalty Corp | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 24.78M |
| Total Liabilities (Quarterly) | 5.875M |
| Shareholders Equity (Quarterly) | 18.90M |
| Current Ratio | 6.744 |
| Net Debt Paydown Yield | 0.00% |